Advait Energy Transitions Ltd — Updates, 12-05-2025: Company Update

Advait Energy Transitions has reported no deviation in the utilization of funds raised via preferential issues of equity and warrants. The company raised ₹82.3 Cr through equity shares and ₹6.29 Cr as part payment for warrants, with an additional ₹2.57 Cr received upon conversion of 19,261 warrants into equity. Funds have been deployed primarily for working capital, capital investment in plant and machinery, subsidiary investments, and general corporate purposes. The allocations align with the original objectives, reflecting disciplined use of capital to support operational and expansion plans.