ACME Solar Holdings has submitted its Statement of Deviation or Variation in the utilization of proceeds from its Qualified Institutions Placement (QIP) for the quarter ended September 30, 2026. The company confirmed that there has been no deviation or variation in the utilization of funds raised compared to the objects stated in the placement document. The report is being made available on the company’s website.
Q3 2026 Proceeds Utilization Statement Filed
ACME Solar Holdings Limited has formally submitted its Statement of Deviation or Variation concerning the utilization of funds raised through a Qualified Institutions Placement (QIP). This report covers the financial quarter that concluded on September 30, 2026. The filing adheres to the requirements stipulated by Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
No Deviation Reported
The company has explicitly stated that there has been no deviation or variation in the utilization of the proceeds from the Qualified Institutions Placement. The funds raised have been used in accordance with the original objectives outlined in the placement document. This confirmation indicates a consistent application of the capital raised for its intended purposes.
Availability of Information
In line with transparency commitments, the report detailing the utilization of QIP proceeds is also being made accessible to the public. Stakeholders can find this information on the company’s official website, www.acmesolar.in, for their review and records.
Source: BSE
