Acme Solar Holdings Limited — Others, 25-07-2025: Statement of deviation(s) or variation(s) under Reg. 32

ACME Solar Holdings confirmed that the INR 2900 Crore raised from its Initial Public Offer (IPO) has been utilized entirely as per the original plan for the quarter ended June 30, 2025. The company explicitly stated there was no deviation or variation in the use of these funds. This update provides clarity to shareholders regarding the proper deployment of capital, underscoring the company's commitment to financial transparency and the stated objectives of the IPO.