Yatharth Hospital & Trauma Care Services Limited has reported significant progress in utilizing the proceeds from its Qualified Institutional Placement (QIP), according to its monitoring agency report. The company has efficiently deployed Rs 4,593.37 million of the total Rs 6,039.00 million net proceeds, leaving Rs 1,445.64 million yet to be utilized.

Key Utilizations

The QIP funds have been allocated across several strategic initiatives:

1. Debt Repayment: The company has fully utilized Rs 956.80 million for repayment of borrowings, as planned.

2. Hospital Acquisitions: Rs 2,163.17 million has been spent on acquiring two hospitals, with Rs 10.68 million remaining for this purpose.

3. Medical Equipment: Rs 400.56 million has been invested in purchasing medical equipment, with Rs 1,116.80 million still available for future acquisitions.

4. General Corporate Purposes: Rs 1,072.83 million has been used, leaving Rs 318.16 million for ongoing corporate needs.

Monitoring Agency Findings

Crisil Ratings Limited, the appointed monitoring agency, reported no deviations from the disclosed objectives. All utilizations were found to be in line with the offer document, ensuring transparency and adherence to stated goals.

New Hospital Launch

In a significant milestone, Yatharth Hospital inaugurated its new facility in Model Town, Delhi. This development marks a tangible outcome of the company's expansion strategy funded by the QIP proceeds.

Fund Management

The unutilized funds, amounting to Rs 1,445.64 million, have been strategically deployed to generate returns:

Future Outlook

Yatharth Hospital plans to utilize the remaining funds primarily for purchasing medical equipment and meeting general corporate expenses. This strategic allocation is expected to further strengthen the company's operational capabilities and market position in the healthcare sector.

The company's judicious use of QIP proceeds, coupled with its expansion initiatives, demonstrates a focused approach towards enhancing its healthcare infrastructure and services. As Yatharth Hospital continues to execute its growth strategy, investors and stakeholders will be keenly watching the impact of these investments on the company's future performance and market presence.

Yatharth Hospital and Trauma Care Services Ltd, a prominent healthcare provider in North India, is set to achieve a significant milestone in its journey as a public company. The hospital chain will be included in the MSCI India Small Cap Index, effective August 26, 2025, a move that is expected to enhance its visibility among global investors.

Index Inclusion Details

The MSCI India Small Cap Index is designed to measure the performance of the small-cap segment of the Indian equity market. Widely tracked by international institutional investors, inclusion in this index represents a notable achievement for Yatharth Hospital, potentially opening doors to increased global investment interest.

Company Overview

Yatharth Hospital operates a network of seven super specialty hospitals across North India, with a total capacity exceeding 2,300 beds. These facilities are strategically located in:

• Noida
• Greater Noida
• Noida Extension
• Greater Faridabad
• Model Town (newly operationalized)
• Jhansi-Orchha (Madhya Pradesh)
• Faridabad (soon to be operationalized)

Notably, the company's Noida Extension and Greater Noida hospitals rank as the 8th and 10th largest private hospitals in the Delhi NCR region, respectively, in terms of bed capacity.

Financial Performance

The company has demonstrated robust financial growth over the past four years:

This strong performance underscores Yatharth Hospital's growing influence in the North Indian healthcare sector and its increasing brand recognition.

Management's Perspective

Yatharth Tyagi, Whole Time Director of Yatharth Hospital, commented on the index inclusion: "We are honored to be included in the MSCI India Small Cap Index, which is a testament to our strong operational performance, consistent financial growth, and growing recognition from both domestic and global investors."

Tyagi added, "As a listed entity, this inclusion marks an important milestone in our journey and further strengthens Yatharth Hospitals' standing in the capital markets, enhancing our visibility and credibility among global investors."

Future Outlook

Looking ahead, the company remains committed to:

• Clinical excellence
• Operational discipline
• Responsible expansion
• Strategic investments to strengthen business outlook

These initiatives aim to deliver sustainable, long-term value for all stakeholders.

The inclusion of Yatharth Hospital in the MSCI India Small Cap Index reflects the company's growth trajectory and its increasing prominence in the Indian healthcare sector. As the effective date of August 26, 2025, approaches, investors and industry observers will be watching closely to see how this development impacts the company's market performance and global investor interest.