Regulatory10 Aug 2026, 09:10 pm
Websol Energy: No Deviation in Fund Utilisation for Q2 FY27
AI Summary
Websol Energy System Ltd has filed a Statement of Deviation or Variation for the quarter ended June 30, 2026, concerning funds raised through a preferential issue via warrant conversion. The company raised ₹48.09 Cr. Websol Energy confirms there is no deviation or variation in the utilization of these funds. The funds are parked in liquid state and will be utilized for the stated objects, including debt repayment and expansion of renewable energy projects. The report filed for the quarter ended June 30, 2026, indicates no deviation in the use of funds raised.
Key Highlights
- Websol Energy reports no deviation in fund utilization for Q2 FY27.
- Funds were raised via preferential issue through warrant conversion.
- Total funds raised amounted to ₹48.09 Cr.
- Funds are currently in liquid state, earmarked for debt repayment and expansion.
- No changes in original objects or fund allocation were reported.
Price Impact
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