Neutral impactCorporate Action

Deon Energy files draft papers with Sebi to raise funds via IPO

Economic Times 16 hrs ago·26 Sept 2026, 7:17 am

Deon Energy, an Ahmedabad-based solar EPC firm, is set to launch an IPO to gather capital. This offering will feature a fresh equity share issue coupled with a promoter's sale of shares. The funds raised aim to establish a 30 MW solar power plant in Gujarat while also boosting working capital and covering essential corporate expenses.

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  • Category: Corporate Action.

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