Acme Solar Holdings Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
ACMESOLAR · price
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Awaiting price reaction for this filing.
Acme Solar Holdings has submitted a quarterly statement to BSE and NSE confirming that there has been no deviation or variation in the use of funds raised through its Initial Public Offer (IPO). The company had raised INR 2,900 Crores via the IPO on November 11, 2024. The statement covers the quarter ended June 30, 2025. ICRA Limited is acting as the monitoring agency, and both the Audit Committee and auditors have reported no comments, indicating everything is in order. The filing is a routine regulatory compliance requirement under SEBI Listing Regulations.
This is a positive, routine compliance filing — it reassures shareholders that the Rs 2,900 crore raised via the IPO is being used as originally intended, with no misuse or change in purpose. No material impact on stock price is expected.