Zota Health Care LImited — Others, 31-01-2025: Corrigendum

Zota Health Care Limited has issued a corrigendum to the Notice of the Extraordinary General Meeting (EGM), scheduled for February 5, 2025. The corregendum includes detailed alterations regarding the proposed equity shares and warrants, outlining the funds utilization for the 'DAVAINDIA' project, with a total estimated need of ₹94.3 crore. The funds are set to be allocated within specific timelines and retained in corporate accounts or fixed deposits until fully utilized. This move could enhance the company's strategic growth in the retail segment, potentially generating positive investor sentiment as they expand operations.