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Zota Health Care LImitedOthers, 14-08-2025: Monitoring Agency Report

14-08-2025 | 12:24 pm

Zota Health Care Limited has received a Monitoring Agency Report from CRISIL Ratings Limited regarding the utilization of funds from its Preferential Issue. The report confirms that the issue proceeds are being utilized for the disclosed purposes, including expansion of the 'DAVAINDIA' project, working capital, and General Corporate Purposes. Out of the revised issue size of 123.41 crore, the company has received 77.13 crore, with 63.78 crore utilized to date. The remaining 13.35 crore is invested in fixed deposits. This report provides transparency on fund deployment, assuring investors of adherence to stated objectives.

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