ACME Solar: Monitoring Agency Report for Q2 FY27

ACME Solar Holdings Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, issued by CARE Ratings Limited, pertains to the utilization of proceeds from the company's Qualified Institutions Placement (QIP) of ₹2,800 crore. The agency confirmed that there were no deviations from the stated objects of the issue. The proceeds have been partially utilized as per the objects, with the unutilized amount parked in term deposits and a monitoring account. The report is available on the company's website.