Unihealth Hospitals Limited — Important, 04-06-2025: Updates

UniHealth has announced a board meeting to approve the financial results for the quarter and half-year. The company has reallocated Rs. 13.5 Cr of unutilized IPO proceeds, originally meant for Biohealth Limited, Tanzania, to its subsidiaries UMC Hospitals Pvt Ltd (India) and Unihealth Holdings Limited (Mauritius) to fund expansion and acquisitions in India and Africa. This includes full funding of Victoria Hospital (Uganda) and partial funding for UMC Global Health (Nigeria). Additionally, Rs. 10.93 Cr was used for general corporate purposes and Rs. 8.14 Cr for issue expenses.