Chandan Healthcare Limited — Others, 29-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Chandan Healthcare Limited has confirmed that the ₹70.7 Cr raised through its IPO has been utilized as intended, funding investments in diagnostic centers in Lucknow and Ayodhya, general corporate needs, and related expenses. Both the Audit Committee and auditors reviewed the usage and found no issues. This disciplined fund management supports the company’s growth in diagnostic services and reinforces operational stability, providing transparency and assurance to shareholders.