Public issue proceeds fully used as planned with no deviation
MAITREYA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.2 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Maitreya Medicare raised Rs. 1,489.12 lakh through a public issue on November 3, 2023. For the half year ended September 30, 2026, all proceeds were used as planned: Rs. 750 lakh for its subsidiary's Valsad hospital, Rs. 100 lakh to redeem preference shares, Rs. 500 lakh for working capital and Rs. 139.12 lakh for general expenses.
The company followed its public issue plan, supporting investor confidence, though the announcement may have only a limited effect on the share price.