Artemis Medicare Services Limited — Others, 05-08-2025: Monitoring Agency Report

Artemis Medicare Services has released its Monitoring Agency Report for the latest quarter, confirming the utilization of funds from its Rs. 330 crore Preferential Issue. The report indicates no deviation from the stated objectives. During the quarter, the company utilized Rs. 54 crore towards expansion purposes, aligning with its plans. A total of Rs. 61.94 crore has been utilized since the issue, with Rs. 268.06 crore remaining. Unutilized funds are primarily held in fixed deposits across various banks, generating interest. This update provides clarity on the deployment of raised capital, reinforcing the company's commitment to its growth strategy.