Dr. Agarwal's Health Care Limited — Others, 15-05-2025: Monitoring Agency Report

Dr. Agarwal’s Health Care Limited has released a Monitoring Agency Report on the utilization of its ₹300 Cr IPO proceeds. So far, ₹142.4 Cr has been used mainly for debt repayment and corporate expenses, with ₹157.6 Cr parked in fixed deposits or escrow accounts earning 7–7.3% interest. The fund usage is in line with the company’s planned objectives and timelines, supporting its financial structure and ongoing operations. This update reassures shareholders about disciplined capital allocation following the IPO.