Unihealth Hospitals Limited — Others, 23-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

UniHealth has announced a board meeting to review the variation in utilization of IPO proceeds. Out of Rs. 56.55 Cr raised, Rs. 48.41 Cr net proceeds have been partially reallocated from Biohealth Limited, Tanzania, to subsidiaries UMC Hospitals Pvt Ltd (India) and Unihealth Holdings Ltd (Mauritius) for expansion and acquisitions across India and Africa. Investments include capital expenditure for Victoria Hospital Uganda, UMC Global Health Nigeria, and Biohealth Tanzania. This move aims to boost tertiary care bed capacity in India and expand the company’s presence across Africa, optimizing fund usage for growth.