ALPHA TRIBE

Zota Health Care LImitedOthers, 29-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

29-05-2025 | 10:57 pm

Zota Health Care Limited confirmed that funds raised through preferential issues totaling Rs. 17,907.28 lakh and Rs. 6,170.50 lakh have been used as planned, mainly for expanding the DAVAINDIA project, working capital, and corporate purposes. A significant portion of the proceeds has been received, with remaining amounts expected from warrant conversions. The Audit Committee reviewed the utilization and confirmed full compliance with the intended use, ensuring transparency and safeguarding shareholder interests.

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