Acme Solar Holdings Limited — Others, 25-07-2025: Monitoring Agency Report

ACME Solar Holdings has released its Monitoring Agency Report for the quarter ended June 30, 2025. The report confirms the company has fully utilized the entire Rs. 94 Cr from its Initial Public Offering (IPO) proceeds. These funds were strategically deployed as planned: Rs. 58 Cr for Project-1, Rs. 14 Cr for Project-2, Rs. 9.4 Cr for General Corporate Purposes, and Rs. 12.6 Cr for loan repayment. The report highlights no deviation from the stated objectives or projected utilization, assuring investors of the company's commitment to its funding strategy.