Artemis Medicare Services Limited — Others, 12-05-2025: Monitoring Agency Report

Artemis Medicare Services Limited has announced a Monitoring Agency Report from CARE Ratings on its Rs. 330 Cr Preferential Issue of Compulsorily Convertible Debentures. No funds were utilized during the quarter; Rs. 322.11 Cr remains invested in fixed deposits earning about 7.25%-7.45% interest. The proceeds are intended for future acquisitions, expansion, and capital expenditure, with deployment expected by mid-2026. There have been no deviations or negative developments related to the use of these funds.