Prism Medico and Pharmacy Ltd — Important, 19-03-2026: Company Update

Prism Medico and Pharmacy Limited has issued a corrigendum to its Extra Ordinary General Meeting notice, clarifying the utilization of preferential allotment proceeds. The company plans to allocate funds for: Plant and Machineries (Rs. 15.69 Cr), Civil structures (Rs. 7.31 Cr), and Purchase of Land and Building (Rs. 1 Cr). An additional Rs. 1 Cr is designated for general corporate purposes, notably not exceeding 25% of the total estimated amount. This update details the company's capital deployment strategy for operational expansion.