Quality Power Electrical Equipments Limited has announced a plant visit for investors and analysts at its Sangli facility, scheduled for March 6, 2026. The company informed stock exchanges about this event through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Event Details and Format

The plant visit has been organized by Elara Capital and will commence from 10:00 AM onwards on Friday, March 6, 2026. The interaction will be conducted in a group format with physical participation at the company's Sangli plant facility.

Participating Institutions

Eight major financial institutions have confirmed their participation in the plant visit. The company noted that additional confirmations may be received during the course of the visit.

Regulatory Compliance and Information Sharing

The company has emphasized its commitment to regulatory compliance during the investor interaction. Company officials will refer only to the latest publicly available documents for discussions during the plant visit. Quality Power Electrical Equipments Limited has specifically stated that no unpublished price-sensitive information will be shared during these meetings.

The company has also noted that the scheduled date and time are subject to change due to potential exigencies on the part of either the company or the participating analysts, investors, or funds. The regulatory filing was signed by Deepak Ramchandra Suryavanshi, Company Secretary and Compliance Officer, on February 24, 2026.

Quality Power Electrical Equipments Limited has submitted its quarterly compliance report under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, confirming no deviation or variation in the utilization of IPO proceeds for the quarter ended December 31, 2025. The statement was filed with both NSE and BSE on February 7, 2026.

IPO Fund Raising Details

The company successfully raised ₹858.696 crore through its Initial Public Offering, with the allotment date being February 20, 2025. The fund utilization is being monitored by Brickwork Ratings India Private Limited as the designated monitoring agency.

Fund Utilization Breakdown

The company has allocated funds across four primary objects, with a total original allocation of ₹225.01 crore. As of the quarter ended December 31, 2025, ₹191.45 crore has been utilized across these objectives.

Key Highlights

The company has successfully completed the acquisition of Mehru Electrical and Mechanical Engineers Private Limited, utilizing the full allocated amount of ₹117 crore. For capital expenditure, deployment has been deferred as against the timeline mentioned in the prospectus, but remains within permissible limits as outlined on page 77 of the prospectus.

Audit Committee Review

The Audit Committee has reviewed the fund utilization statement and confirmed that there was no deviation or variation in the utilization of funds raised through the Initial Public Offer. The statement has been duly reviewed and approved by the committee as required under regulatory guidelines.

Compliance and Disclosure

The company has maintained full compliance with SEBI regulations regarding IPO fund utilization disclosure. Company Secretary and Compliance Officer Deepak Ramchandra Suryavanshi signed the statement, confirming adherence to all regulatory requirements. The detailed statement is available on the company's website at www.qualitypower.com for stakeholder reference.