Insolation Energy Ltd — Important, 12-02-2026: Company Update

Insolation Energy has submitted its Monitoring Agency Report for the preferential allotment funds for the quarter ended December 31, 2025. CARE Ratings, the monitoring agency, confirmed that there was no deviation in the utilization of the Rs. 395.19 Cr raised, as compared to the stated objects. Approximately Rs. 294.32 Cr was deployed for the new manufacturing unit, Rs. 2.70 Cr for general corporate purposes, and Rs. 13.23 Cr for issue expenses. The remaining Rs. 84.93 Cr of unutilized funds are held in fixed deposits and a current account. This indicates fund usage aligns with shareholder approvals.