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Incorporated in 2017, QMS Medical Allied Services Ltd is a manufacturer and distributor of medical devices
QMS Medical Allied Services has scheduled its 9th Annual General Meeting and released its annual report for the financial year. The company also announced a final dividend of Re. 0.50 per equity share.
QMS Medical Allied Services Ltd confirmed it does not meet the criteria for a 'Large Corporate' for the financial year ended March 31, 2026. Consequently, the company is exempt from submitting the associated annual disclosure, simplifying its compliance.
QMS Medical Allied Services reported H1 consolidated revenue of ₹91.2 Cr, a ~35% jump, with profit at ₹6.0 Cr. The company successfully completed its Rights Issue, raising ₹12.50 Cr via 14.87 lakh shares at ₹81 each, to support business expansion.
QMS Medical Allied Services has withdrawn its Rights Issue application to modify the issue's objectives. The company plans to submit a fresh application for the Rights Issue with the revised objectives.
QMS Medical Allied Services Limited has confirmed its non-large corporate entity status under SEBI guidelines, eliminating the need to disclose details on debt securities fundraising. The company's outstanding borrowings are ₹80.79 Cr. This clarification enhances transparency for investors regarding the company's financing structure and obligations.