Genpharmasec Ltd — Important, 11-08-2026: Company Update

Genpharmasec Limited confirmed there is no deviation in how it has used the Rs. 48.45 crore raised from its Rights Issue. The funds are being utilized as per the original plan disclosed in the Letter of Offer. Key uses include acquiring shares in Derren Healthcare Private Limited, partially repaying borrowings, financing working capital, meeting general corporate needs, and covering issue expenses. This update provides clarity on the company's financial discipline regarding its fundraising efforts, which is important for shareholders.