Websol Energy: No Deviation in Preferential Issue Fund Use for Q4 FY26

Websol Energy System Ltd filed its Statement of Deviation for the quarter ended March 31, 2026, concerning the utilization of funds raised through a preferential issue for equity shares upon warrant conversion. The company confirmed no deviation or variation in the utilization of these funds. Out of the total funds, ₹6.00 Cr was fully utilized for debt repayment. The remaining funds allocated for expansion of the renewable energy project (₹10.03 Cr utilized out of ₹42.10 Cr) and general corporate purposes (₹0.09 Cr utilized out of ₹16.03 Cr) are currently parked in a liquid state and will be utilized for their stated objects.