Mahesh Kolli, the founder of AM Green, has stated that the company has no plans to raise more equity in the near future. This announcement comes amidst speculation about the company’s financial strategy following its rapid expansion.
Kolli, who has been at the helm of AM Green since its inception, has been instrumental in steering the company towards sustainable growth. “Our focus is on consolidating our gains and further strengthening our market position,” said Kolli. “We believe we have sufficient capital to support our current operations and future growth plans.”
AM Green, known for its innovative solutions in the renewable energy sector, has seen significant growth in recent years. The company’s decision not to raise more equity suggests confidence in its financial stability and growth prospects.
Kolli did not rule out the possibility of raising more capital in the future. “We are always open to opportunities that can enhance shareholder value,” he said. “But as of now, we have no immediate plans to raise more equity.”
This strategic decision by AM Green is expected to reassure investors about the company’s financial health and its commitment to sustainable growth.
