ALPHA TRIBE

Advait Energy Transitions LtdImportant, 13-11-2025: Company Update

13-11-2025 | 08:30 pm

Advait Energy Transitions Limited has provided an update on the utilization of funds raised via preferential equity issuance and warrant conversions. The company reported no overall deviation from the approved purposes for these funds. However, it specifically noted a reallocation of INR 3.30 Cr from warrants; this amount was shifted from general corporate purposes to investment in a subsidiary to enhance business prospects. The company's Audit Committee has reviewed and approved this fund utilization statement for the period ended September 30, 2025.

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