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Insolation Energy Ltd — Updates, 15-05-2025: Company Update
15-05-2025 | 05:18 pm
15-05-2025 | 05:18 pm
Insolation Energy Limited has announced a Monitoring Agency Report from CARE Ratings on the utilization of Rs. 395.19 crore raised through a preferential equity share issue. The report confirms there are no deviations from the intended use of proceeds, aligning with the company’s stated objectives. This update reflects transparent fund management post-capital raise, reassuring shareholders on capital deployment and supporting ongoing business plans without concerns over misallocation.
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