Statement of Deviation as on Half Year Ended September 30, 2025 is enclosed.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ahasolar Technologies has filed a routine compliance statement confirming there is no deviation or variation in the use of its IPO funds. The company raised Rs. 12.84 crore through a public issue on July 17, 2023. All allocated funds have been utilized as per the original objects: Rs. 7.05 crore for Solar PV Plant development (fully used), Rs. 32.50 lakh for EV charging infrastructure (Rs. 16.29 lakh used so far), Rs. 9.02 lakh for Electric Vehicle purchase, Rs. 2.40 crore for working capital, Rs. 1.96 crore for general corporate purposes, and Rs. 1.02 crore for public issue expenses. The Audit Committee reviewed the statement on November 14, 2025, and found no issues.
This is a neutral-to-positive compliance filing — it reassures shareholders that IPO money is being spent on the promised purposes with no misuse. The EV charging infrastructure line shows partial utilization, which is normal and not a red flag at this stage.