POWERINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hitachi Energy India has filed its quarterly compliance statement confirming no deviation in the use of Rs. 2,476.29 crore net proceeds raised through a Qualified Institutional Placement (QIP) in March 2025. During Q4 FY26 (ending March 31, 2026), Rs. 469.66 crore was utilised from the capital expenditure allocation of Rs. 1,513.28 crore for capacity expansion, equipment additions, and civil works. No funds were deployed for working capital (Rs. 350 crore allocated) or general corporate purposes (Rs. 613 crore allocated) during this quarter. The statement was reviewed by the Audit Committee on May 11, 2026, and monitoring is handled by Crisil Ratings Limited.
The filing indicates smooth deployment of QIP funds into intended capital expansion projects with no deviations, which is a positive indicator for investors that the company's growth plans are on track.