Monitoring Agency Report for the Quarter ended as on 31st December, 2025 in relation to utilization of funds raised through Initial Public Issue of Solarium Green Energy Limited.
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Solarium Green Energy Limited has submitted the quarterly Monitoring Agency Report from Acuite Ratings & Research for the quarter ended December 31, 2025, covering how the company has used the money raised from its Initial Public Offer held in February 2025. The report confirms that the company has fully utilized INR 25.26 Crores allocated towards General Corporate Purposes. There are no delays in project completion, no deviations from the stated purpose, and no unfavorable events that could affect the use of these funds. No additional government or statutory approvals were required for the objects of the issue.
This is a routine compliance filing that confirms the company has used its IPO funds as disclosed in the offer document, with no shortfalls or misuse flagged. For retail shareholders, it signals transparency and disciplined deployment of capital, with no negative impact on stock price expected.