Websol Energy System Reports No Deviation in Rs 48.0975 Crore Fund Utilization for Q4FY26
Published on: May 1, 2026, 3:15 a.m. | Source: scanx.trade
Websol Energy System Limited filed its Q4FY26 fund utilization report confirming no deviation in the use of Rs 48.0975 crore raised through preferential issue on March 13, 2026. The funds were allocated for debt repayment (Rs 6.00 crore - fully utilized), renewable energy expansion (Rs 42.10 crore - Rs 10.03 crore utilized), and general corporate purposes (Rs 16.03 crore - Rs 0.09 crore utilized). The company confirmed compliance with SEBI regulations and stated that balance funds for renewable energy projects are maintained in liquid form for future deployment.
