ACME Solar Incorporates Wholly Owned Subsidiary 'ACME Greentech Fifteen'
ACME Solar Holdings Limited, formerly ACME Solar Holdings Private Limited, has announced the incorporation of a wholly owned subsidiary named "ACME Greentech Fifteen Private Limited". The new entity w...
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Why is Acme Solar Holdings Limited in the news today?
Acme Solar Holdings Limited (ACMESOLAR) is in the news due to the announcement is a routine corporate action regarding the incorporation of a subsidiary and does not contain any immediate financial or operational impact, hence it is neutral.
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ACME Solar Incorporates Wholly Owned Subsidiary 'ACME Greentech Fifteen'
January 1, 2026, 10:50 AM
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ACME Solar Holdings Limited, formerly ACME Solar Holdings Private Limited, has announced the incorporation of a wholly owned subsidiary named "ACME Greentech Fifteen Private Limited". The new entity was incorporated on January 01, 2026.
The subsidiary, registered in Gurugram, Haryana, India, will engage in the development, establishment, and operation of power generation and renewable energy projects. ACME Solar Holdings Limited will hold a 100% stake in the subsidiary, having subscribed to the initial paid-up share capital of ₹1,00,000 (10,000 equity shares of face value ₹10 each) in cash.
This move is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the necessary details as per SEBI circulars dated November 11, 2024, and December 31, 2024.
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