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Rainbow Childrens Medicare LimitedOthers, 27-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

27-10-2024 · 06:59 pm

Rainbow Children’s Medicare Limited confirmed no deviation in the utilization of funds raised through its IPO for the quarter ending September 30, 2024. The funds, totaling INR 15,808.49 million, were utilized as planned, with significant allocations for early redemption of Non-Convertible Debentures and capital expenditures for new hospitals. The Audit Committee and auditors noted no comments regarding the fund allocation.

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