Key Quantitative Figures
- Amount raised through Qualified Institutions Placement: INR 2800 Crores (approximately)
- Date of fund raising: June 04, 2026
- Quarter covered in report: September 30, 2026
Monitoring and Oversight
- Monitoring agency appointed: Yes
- Monitoring agency name: CARE Ratings Limited
- Audit Committee comments after review: Nil
- Auditor comments: Nil
Utilization Status
- Deviation/Variation in use of funds raised: No
- Change in terms pursuant to shareholder approval: Not Applicable
- Date of shareholder approval: Not Applicable
- Explanation for deviation/variation: Not Applicable
Specific Confirmation
The company explicitly states: "There has been no deviation or variation in the utilization of the proceeds raised through the Qualified Institutions Placement from the objects stated in the Placement Document."
Definition of Deviation
The filing clarifies that deviation or variation means: (a) Deviation in the objects or purposes for which the funds have been raised, or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed, or (c) Change in terms of a contract referred to in the fund raising document.
Additional Information
The report has been made available on the Company's website at www.acmesolar.in.
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