Blue Jet Healthcare logo

Blue Jet Healthcare MD, chairman, board of directors and AGM

NSE: BLUEJETBSE: 544009Pharmaceuticals & BiotechnologySmall Cap

Last close ₹475.55down ₹12.15 (2.49%)BSE ₹475.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹487.70.

52-week range of traded prices to 23 Oct 2026
₹325.00Low, 30 Mar 2026₹688.50High, 4 Nov 2025
Market cap
₹9,001 Cr645th largest listed
P/E
38.3
P/B
Shares changed
Dividend yield
0.25%
ROE
18.8%
ROCE
18.1%
Debt to equity
0.00
Volume, NSE
7,89,58768.6% delivered

Blue Jet Healthcare board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonAkshay Bansarilal Arora
  • Managing directorShiven Bansarilal Arora
  • Company Secretary and Compliance OfficerSweta Poddar

8 directors4 independent4 executive

  • Akshay Bansarilal Arora · ChairpersonExecutive · joined Apr 1983 · 1 listed board · 2 committee seats
  • Shiven Bansarilal Arora · Managing directorExecutive · joined Dec 2015 · 1 listed board · 1 committee seat
  • Naresh Suryakant ShahExecutive · joined Dec 2020 · 1 listed board
  • Popat Bhagwan KedarExecutive · joined Nov 2024 · 1 listed board
  • Girish Paman VanvariIndependent · joined Apr 2022 · reappointed Apr 2025 · 53 months as independent · 6 listed boards · 6 as independent · 9 committee seats, 4 as chair
  • Divya Sameer MomayaIndependent · joined Aug 2022 · reappointed Aug 2025 · 50 months as independent · 4 listed boards · 4 as independent · 9 committee seats, 3 as chair
  • Priyanka YadavIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 1 listed board · 1 as independent
  • Preeti Gautam MehtaIndependent · joined Apr 2022 · reappointed Apr 2025 · 53 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 3 Aug 20268 of 8 present4 independent · 69 days in between
    • 25 May 20268 of 8 present4 independent

  • Audit Committee

    Chair Girish Paman Vanvari

    Preeti Gautam Mehta, Divya Sameer Momaya, Akshay Bansarilal Arora

    • 3 Aug 20264 of 4 present3 independent · 69 days in between
    • 25 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Divya Sameer Momaya

    Girish Paman Vanvari, Preeti Gautam Mehta

    • 3 Aug 20263 of 3 present3 independent · 69 days in between
    • 25 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Divya Sameer Momaya

    Akshay Bansarilal Arora, Shiven Bansarilal Arora

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Shiven Bansarilal Arora

    Naresh Suryakant Shah, Girish Paman Vanvari

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Preeti Gautam Mehta

    Akshay Bansarilal Arora, Naresh Suryakant Shah

    • 3 Aug 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • kkc and associates llpPeer-review certificate valid to Jul 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Blue Jet Healthcare AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Blue Jet Healthcare dividend history

Annual general meeting, 21 Sep 2026

81,544 shareholders on the register on 14 Sep 2026; present: 3 promoters and 37 others; votes counted by NUPUR GADEKAR / MEHTA AND MEHTA.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board and the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 78.56% · promoters 100.00% · institutions 63.96% · other public 0.04%

  2. To declare dividend of Rs. 1.20 (One Rupee and Twenty paise only) for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 78.56% · promoters 100.00% · institutions 63.96% · other public 0.04%

  3. To re-appoint Mr. Naresh Suryakant Shah (DIN: 03073963), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
    Ordinary
    99.15% for0.85% against

    Against: promoters 0.00% · institutions 12.29% · other public 2.48%

    Turnout: all 78.56% · promoters 100.00% · institutions 63.96% · other public 0.03%

  4. Re-appointment of M/s. KKC & Associates LLP, Chartered Accountants as the Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 78.56% · promoters 100.00% · institutions 63.96% · other public 0.04%

  5. Re-appointment of Mr. Akshay Bansarilal Arora, (DIN: 00105637) as the Whole-Time Director and Executive Chairman of the Company
    SpecialPromoters have an interest in it
    99.15% for0.85% against

    Against: promoters 0.00% · institutions 12.31% · other public 1.98%

    Turnout: all 78.56% · promoters 100.00% · institutions 63.96% · other public 0.03%

  6. Re-appointment of Mr. Shiven A. Arora (DIN: 07351133) as Managing Director of the Company.
    SpecialPromoters have an interest in it
    99.14% for0.86% against

    Against: promoters 0.00% · institutions 12.45% · other public 2.48%

    Turnout: all 78.56% · promoters 100.00% · institutions 63.96% · other public 0.03%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 17 Jun 2026, 1 resolution

78,569 shareholders on the register on 10 Jun 2026; present: 2 promoters and 37 others; votes counted by NUPUR GADEKAR / MEHTA AND MEHTA.The company's voting result (opens in a new tab)

  1. To consider and approve raising of funds in one or more tranches, by issuance of Equity Shares and/or other Eligible Securities
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.73%

    Turnout: all 82.95% · promoters 100.00% · institutions 61.96% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 6 resolutions

81,520 shareholders on the register on 19 Sep 2025; present: 3 promoters and 51 others; votes counted by Nupur Gadekar / Mehta and Mehta.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board and the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.13%

    Turnout: all 82.55% · promoters 100.00% · institutions 54.74% · other public 0.14%

  2. To declare dividend of Rs 1.20 (One Rupee and Twenty paise only) for the financial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.87%

    Turnout: all 82.55% · promoters 100.00% · institutions 54.74% · other public 0.14%

  3. To re-appoint Mr. Akshay Bansarilal Arora (DIN: 00105637), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 4.94% · other public 3.81%

    Turnout: all 82.55% · promoters 100.00% · institutions 54.64% · other public 0.14%

  4. Re-appointment of Mr. Naresh Suryakant Shah (DIN:03073963) as Whole Time Director of the Company for further period of five (5) years, effective from December 31, 2025 to December 30, 2030 liable to retire by rotationMoreLess
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 2.62% · other public 3.73%

    Turnout: all 82.55% · promoters 100.00% · institutions 54.64% · other public 0.14%

  5. Re-designation of Mr. Popat Bhagwan Kedar (DIN:01986137) as the Whole Time Director of the Company for a period of five (5) years, effective from September 26, 2025 to September 25, 2030, liable to retire by rotationMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.18% · other public 3.84%

    Turnout: all 82.55% · promoters 100.00% · institutions 54.74% · other public 0.14%

  6. Appointment of M/s. Mehta and Mehta, Practicing Company Secretary [FRN:P1996MH007500) as the Secretarial Auditors of the Company for a term of five consecutive years commencing from financial year 2025-2026 till financial year 2029-2030.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.83%

    Turnout: all 82.55% · promoters 100.00% · institutions 54.74% · other public 0.14%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 14 Jun 2025, 1 resolution

63,501 shareholders on the register on 9 May 2025; votes counted by Nupur Gadekar / Mehta and Mehta.The company's voting result (opens in a new tab)

  1. To consider and approve raising of funds in one or more tranches, by issuance of Equity Shares and/or other Eligible Securities
    Special
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 7.95% · other public 6.76%

    Turnout: all 87.44% · promoters 100.00% · institutions 44.52% · other public 0.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 14 Feb 2025, 5 resolutions

43,461 shareholders on the register on 10 Jan 2025; votes counted by NUPUR GADEKAR / MEHTA AND MEHTA.The company's voting result (opens in a new tab)

  1. Appointment of Ms. Priyanka Yadav (DIN:08858855) as an Independent Director of the Company for a term of three consecutive years commencing from November 19, 2024 till November 18, 2027
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.56% · other public 49.44%

    Turnout: all 88.31% · promoters 100.00% · institutions 75.12% · other public 0.12%

  2. Appointment of Mr.Popat Kedar (DIN:01986137) as an Executive Director of the Company
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 1.60% · other public 49.25%

    Turnout: all 88.31% · promoters 100.00% · institutions 75.12% · other public 0.12%

  3. To approve re-appointment of Mr. Girish P Vanvari (DIN:07376482) as an Independent Director of the Company for a second term of 5 (five) consecutive years with effect from April 13, 2025 upto April 12, 2030MoreLess
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 2.44% · other public 49.44%

    Turnout: all 88.31% · promoters 100.00% · institutions 75.12% · other public 0.12%

  4. To approve re-appointment of Ms. Preeti G Mehta (DIN:00727923) as an Independent Director of the Company for a second term of 5 (five) consecutive years with effect from April 13, 2025 upto April 12, 2030MoreLess
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.56% · other public 49.44%

    Turnout: all 88.31% · promoters 100.00% · institutions 75.12% · other public 0.12%

  5. To approve re-appointment of Ms. Divya S Momaya (DIN:0365757) as an Independent Director of the Company for a second term of 5 (five) consecutive years with effect from August 01, 2025 upto July 31, 2030MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 49.44%

    Turnout: all 88.31% · promoters 100.00% · institutions 75.12% · other public 0.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2024, 3 resolutions

Present: 3 promoters and 35 others.The company's voting result (opens in a new tab)

  1. 1 - To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.96%

    Turnout: all 83.35% · promoters 92.96% · institutions 87.53% · other public 0.01%

  2. 2 - To declare final dividend of Re. 1/- (Rupee One only) of the company for the Financial Year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.35% · promoters 92.96% · institutions 87.53% · other public 0.01%

  3. 3 - To appoint a Director in place of Mr. Naresh Suryakant Shah (DIN: 03073963), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.92%

    Turnout: all 83.35% · promoters 92.96% · institutions 87.53% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 21 Sep 2026, 8 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board and the Auditors thereon
    8 for0 against
  • To declare dividend of Rs. 1.20 (One Rupee and Twenty paise only) for the financial year ended March 31, 2026
    8 for0 against
  • To re-appoint Mr. Naresh Suryakant Shah (DIN: 03073963), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern: Significant disparity in the remuneration practices of the Company with the remuneration being skewed in favor of the director and no justification for such differential treatment.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Governance concern: Significant disparity in the remuneration practices of the Company with the remuneration being skewed in favor of the director and no justification for such differential treatment.
    5 for3 against
  • Re-appointment of M/s. KKC & Associates LLP, Chartered Accountants as the Statutory Auditors of the Company
    8 for0 against
  • Re-appointment of Mr. Akshay Bansarilal Arora, (DIN: 00105637) as the Whole-Time Director and Executive Chairman of the Company
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern: Significant disparity in the remuneration practices of the Company with the remuneration being skewed in favor of the director and no justification for such differential treatment; No absolute cap on the variable pay & Board discretion to determine variable pay; Combined position as Chairman and Executive Directors which may lead to concentration of powers in the hands of a single individual.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Governance concern: Significant disparity in the remuneration practices of the Company with the remuneration being skewed in favor of the director and no justification for such differential treatment; No absolute cap on the variable pay & Board discretion to determine variable pay; Combined position as Chairman and ED which may lead to concentration of powers in the hands of a single individual.
    5 for3 against
  • Re-appointment of Mr. Shiven A. Arora (DIN: 07351133) as Managing Director of the Company.
    Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern: Significant disparity in the remuneration practices of the Company with the remuneration being skewed in favor of the director and no justification for such differential treatment; No absolute cap on the variable pay & Board discretion to determine variable pay
    • DSP Mutual Fund, Jio BlackRock Mutual FundShiven Akshay Arora, 32, is the promoter and Managing Director since 8 December 2015. He attended all six board meetings (100%) held in FY26. In FY26, his remuneration aggregated to Rs 52.2 mn. We estimate his FY28 remuneration at Rs. 59.0 mn. His remuneration structure includes Performance Linked Incentive; however, the company has not disclosed the amount payable and performance metrics that will determine the Incentive. Further, he will be entitled to increments as may be approved by the board. We expect the company to assign absolute cap on remuneration and disclose the performance parameters which determine variable pay. Further, his remuneration is not commensurate with his overall work-experience, and it is unclear how the company has benchmarked his remuneration with other Executive Directors. Given these concerns, we do not support the resolution.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Governance concern: Significant disparity in the remuneration practices of the Company with the remuneration being skewed in favor of the director and no justification for such differential treatment; No absolute cap on the variable pay & Board discretion to determine variable pay
    3 for5 against

Mutual fund votes, meeting of 17 Jun 2026, 16 fund houses

  • To consider and approve raising of funds in one or more tranches, by issuance of Equity Shares and/or other Eligible Securities
    16 for0 against
4 earlier meetings

Mutual fund votes, meeting of 26 Sep 2025, 10 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board and the Auditors thereon
    10 for0 against
  • To declare dividend of Rs 1.20 (One Rupee and Twenty paise only) for the financial year ended March 31, 2025
    10 for0 against
  • To re-appoint Mr. Akshay Bansarilal Arora (DIN: 00105637), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance Concern: Holds the position of Chairman and Executive Director, clubbing the position may lead to concentration of power.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Mr. Akshay Bansarilal Arora holds the position of Chairman and Executive Director, clubbing the position may lead to concentration of power.
    7 for3 against
  • Re-appointment of Mr. Naresh Suryakant Shah (DIN:03073963) as Whole Time Director of the Company for further period of five (5) years, effective from December 31, 2025 to December 30, 2030 liable to retire by rotationMoreLess
    10 for0 against
  • Re-designation of Mr. Popat Bhagwan Kedar (DIN:01986137) as the Whole Time Director of the Company for a period of five (5) years, effective from September 26, 2025 to September 25, 2030, liable to retire by rotationMoreLess
    10 for0 against
  • Appointment of M/s. Mehta and Mehta, Practicing Company Secretary [FRN:P1996MH007500) as the Secretarial Auditors of the Company for a term of five consecutive years commencing from financial year 2025-2026 till financial year 2029-2030.MoreLess
    10 for0 against

Mutual fund votes, meeting of 14 Jun 2025, 8 fund houses

  • To consider and approve raising of funds in one or more tranches, by issuance of Equity Shares and/or other Eligible Securities
    8 for0 against

Mutual fund votes, meeting of 14 Feb 2025, 9 fund houses

  • Appointment of Ms. Priyanka Yadav (DIN:08858855) as an Independent Director of the Company for a term of three consecutive years commencing from November 19, 2024 till November 18, 2027
    Against Mirae Asset Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    8 for1 against
  • Appointment of Mr.Popat Kedar (DIN:01986137) as an Executive Director of the Company
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern identified w.r.t merits of appointee. Non-Compliant with Section 196 of Companies Act, 2013 and SS-2: Specific term not disclosed.
    6 for3 against
  • To approve re-appointment of Mr. Girish P Vanvari (DIN:07376482) as an Independent Director of the Company for a second term of 5 (five) consecutive years with effect from April 13, 2025 upto April 12, 2030MoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment is compliant with law. No concern on merit of the appointee. Governance concern: Excessive time commitments.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    5 for4 against
  • To approve re-appointment of Ms. Preeti G Mehta (DIN:00727923) as an Independent Director of the Company for a second term of 5 (five) consecutive years with effect from April 13, 2025 upto April 12, 2030MoreLess
    Against Mirae Asset Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    8 for1 against
  • To approve re-appointment of Ms. Divya S Momaya (DIN:0365757) as an Independent Director of the Company for a second term of 5 (five) consecutive years with effect from August 01, 2025 upto July 31, 2030MoreLess
    9 for0 against

Mutual fund votes, meeting of 25 Sep 2024, 7 fund houses

  • 1 - To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board and the Auditors thereonMoreLess
    7 for0 against
  • 2 - To declare final dividend of Re. 1/- (Rupee One only) of the company for the Financial Year ended March 31, 2024.
    7 for0 against
  • 3 - To appoint a Director in place of Mr. Naresh Suryakant Shah (DIN: 03073963), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    7 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.