Shanmuga Hospital Ltd

Shanmuga Hospital IPO Funds Fully Utilized – No Deviations Found ✅

- Total IPO proceeds raised: ₹2,061.72 lakhs, fully utilized as stated.

- Capital expenditure: ₹1,452.50 lakhs spent, including purchase & installation of a robotic surgical machine.

- Issue-related expenses: ₹225.94 lakhs fully utilized.

- General corporate purposes: ₹383.28 lakhs fully utilized.

- Utilization statement reviewed & approved by Audit Committee & Board on November 12, 2025.

- External auditor PPN & Company certified no deviations in fund usage.