Vikram Solar: IPO Proceeds Utilization Report for Q1FY27 Filed

Vikram Solar Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026 (Q1FY27). The report, issued by India Ratings & Research Private Limited, confirms no deviation from the objects for which the Initial Public Offer (IPO) proceeds were raised. The IPO, which occurred between August 19-21, 2025, involved a fresh issue of 4,51,80,722 equity shares at ₹332.00 per share, raising INR 15,000.00 Million. The company has made this information available on its website and requested it be taken on record by the stock exchange.