Acme Solar Incorporates Wholly Owned Subsidiary 'ACME Greentech Eighteen'
ACME Solar Holdings Limited, formerly ACME Solar Holdings Private Limited, has announced the incorporation of a new wholly owned subsidiary named "ACME Greentech Eighteen Private Limited". The incorpo...
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Acme Solar Holdings Limited (ACMESOLAR) is in the news due to the incorporation of a subsidiary is a routine corporate action that does not inherently signal a positive or negative development without further context on its immediate impact or financial implications.
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Acme Solar Incorporates Wholly Owned Subsidiary 'ACME Greentech Eighteen'
January 1, 2026, 10:56 AM
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ACME Solar Holdings Limited, formerly ACME Solar Holdings Private Limited, has announced the incorporation of a new wholly owned subsidiary named "ACME Greentech Eighteen Private Limited". The incorporation took place on January 01, 2026.
The new subsidiary, ACME Greentech Eighteen Private Limited, is registered in Gurugram, Haryana, India, and will operate within the power generation sector, specifically focusing on renewable energy projects. Its objective is to undertake businesses related to the development, establishment, and operation of power generation and renewable energy projects.
The initial paid-up share capital of ACME Greentech Eighteen Private Limited is Rs. 1,00,000, consisting of 10,000 equity shares with a face value of Rs. 10 each. ACME Solar Holdings Limited has subscribed to 100% of this initial capital through a cash consideration. This move aligns with the company's strategy to expand its footprint in the renewable energy domain.
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