Zota Health Care LImited — Others, 14-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Zota Health Care Limited has submitted a Statement of Deviation and/or Variation in the utilization of funds from its preferential issue for the quarter ended September 30, 2024. The company raised a total of ₹78.11 crores during this period, comprising ₹44.45 crores from equity shares and ₹33.66 crores from fully convertible warrants. The Audit Committee confirmed no deviations in fund allocation. With a strong compliance stance, the announcement indicates a focus on transparency and fiscal responsibility, potentially fostering a positive outlook among investors wary of fund mismanagement.