Solarium Green Energy Ltd — Board Meeting, 03-05-2025: Board Meeting

Solarium Green Energy Limited has announced a board meeting to approve and take on record the audited standalone and consolidated financial results for the half year and year ended March 31, 2025, accompanied by an unmodified audit report. The company’s total equity and liabilities grew to ₹234.43 Cr from ₹78.10 Cr, driven by increases in share capital and reserves. Cash and cash equivalents surged to ₹77 Cr from ₹1.63 Cr, supported by fresh public issue proceeds of ₹105.04 Cr. Operating cash flows turned negative due to significant working capital changes, though financing activities provided strong cash inflows. The audit confirmed compliance and no material uncertainties on going concern. The IPO fund utilization shows no deviations, with major portions allocated for working capital and general corporate purposes.