BSECompany Update3d ago · 4 Nov 2026, 09:01 pm
Deviation Report - QIP
Krishna Institute of Medical Sciences Ltd · 543308
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Krishna Institute of Medical Sciences Ltd has filed a deviation report for QIP funds raised in June 2026, stating no deviation in utilisation of proceeds for the quarter ended September 2026.
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Krishna Institute of Medical Sciences Ltd - 543308 - Deviation Report - QIP
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4th November, 2026
To, To,
The Secretary, The Secretary,
Bombay Stock Exchange Ltd (BSE) National Stock Exchange (NSE),
Phiroze Jheejheebhoy Towers, Exchange Plaza,
Dalal Street, 5th Floor Plot No.C/1, 'G' Block
Mumbai - 400 001. Bandra - Kurla Complex
Scrip Code - 543308 Mumbai - 400 051.
ISIN: INE967H01025 Symbol - KIMS
Dear Sir/ Madam
Sub: Statement of deviation or variation for the quarter ended 30th September, 2026
Ref: Funds raised through Qualified Institutional Placement.
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
as amended read with SEBI circular no. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby
confirm that during the quarter ended on 30th September, 2026, there was NIL deviation or variation in the
utilisation of proceeds of funds raised through Qualified Institutional Placement from the objects stated in
Placement Document dated 19th June, 2026 (‘PD’).
A statement of deviation or variation, if any, for the quarter ended on 30th September, 2026, duly reviewed
by the Audit Committee of the Company is enclosed herewith.
Kindly take the above on your records.
Thanking You,
Yours truly
For Krishna Institute of Medical Sciences Limited
Nagajayanthi J. R
Company Secretary and Compliance Officer
Statement of Deviation / Variation in Utilisation of Funds
Particulars Details
Name of listed entity Krishna Institute of Medical Sciences Limited
Mode of Fund Raising Public Issue / Rights Issue / Preferential Issue / QIP / Others]
Date of Raising Funds 19th June, 2026
Amount Raised Rs. 1500 Cr
Report filed for Quarter ended 30th September, 2026
Monitoring Agency Applicable
Monitoring Agency Name (if applicable) CARE Ratings Limited
Is there a Deviation / Variation in use of
funds?
If yes, whether the same is pursuant to
change in terms of a contract or objects, Not Applicable
which was approved by the shareholders
If yes, Date of shareholder approval Not Applicable
Explanation for the deviation / variation Not Applicable
The Audit Committee in its meeting held on 4th November,
Comments of the Audit Committee after 2026, noted that there is NIL deviation or variation in the
review utilisation of funds raised from the objects stated in the offer
document.
Comments of the auditors, if any None
Objects for which funds have been raised and where there has been a deviation, in the following table:
Amount of
Deviation/V
Modified Original Modified Funds ariation for
Remarks
Original Object Object, if Allocation allocation, Utilised the quarter
if any
any Rs. Crore if any Rs. Crore according to
applicable
object
Repayment and/or prepayment of
certain outstanding borrowings, in full 910.00 910.00
N.A. N.A. Nil
or part, availed by KIMS
Investment into certain Subsidiaries,
namely Chalasani Hospitals Pvt Ltd,
KIMS Hospitals Pvt Ltd and KIMS
Hospital Bengaluru Pvt Ltd, for
215.00 215.00
repayment or prepayment, in full or in N.A. N.A. Nil
part, of certain outstanding
borrowings availed by such
Subsidiaries
General Corporate Purposes
N.A. 351.45 NA 186.81 Nil
Issue Expenses
N.A. 23.55 NA 20.19 NIL
Total 1,500.00 NA 1,332.00 NIL -