Zota Health Care LImited — Others, 15-05-2025: Monitoring Agency Report

Zota Health Care Limited has announced that it has utilized Rs 90.24 crore from the Rs 96.24 crore received so far through its Rs 179.07 crore preferential issue. Funds have primarily supported the expansion of the Davaindia project, working capital needs, and corporate expenses such as advance tax payments. Unused funds of Rs 6 crore are placed in fixed deposits yielding about 6.85%. Deployment is phased according to project progress, with remaining amounts expected from warrant holders by February 2026. There have been no delays or deviations in fund utilization.