ACME Solar Holdings Limited has announced the commissioning of an additional 35.715 MW / 160.512 MWh capacity of its Battery Energy Storage System (BESS) project, as disclosed in a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The commissioning was carried out through its wholly owned subsidiary, ACME Surya Power Private Limited, and marks a continuation of the company's earlier intimation dated April 29, 2026.

Project Commissioning Details

The newly commissioned BESS capacity is located at Village Jaimalsar, Dist. Bikaner, State: Rajasthan. The commissioning date for the additional capacity is May 11, 2026, while the Commercial Operation Date (COD) has been designated as May 13, 2026. The key parameters of this commissioning are summarised below:

Cumulative Capacity Milestone

With the addition of this capacity, ACME Surya Power Private Limited has reached a cumulative commissioned capacity of 210.938 MW / 947.899 MWh. This update reflects the progress made by the subsidiary in scaling up its BESS operations under the parent entity, ACME Solar Holdings Limited.

The disclosure was signed by Rajesh Sodhi, Company Secretary and Compliance Officer of ACME Solar Holdings Limited, and submitted to both BSE Limited and the National Stock Exchange of India Ltd on May 11, 2026.

ACME Solar Holdings Limited has issued a Postal Ballot Notice dated May 07, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking member approval for two special resolutions related to its Employee Stock Option Plan 2024. The notice was communicated to stock exchanges on May 12, 2026, and is being dispatched to eligible members electronically. Members whose names appear in the Register of Members/Register of Beneficial Owners as on the cut-off date of Friday, May 08, 2026, are entitled to participate in the e-voting process.

Key Details of the Postal Ballot

The two special resolutions proposed for member approval are summarised below:

E-Voting Schedule

The company has engaged KFin Technologies Limited to facilitate the remote e-voting facility. Members may cast their votes electronically during the following period:

The resolutions, if passed with the requisite majority, shall be deemed to have been passed on the last date specified for remote e-voting, i.e., Friday, June 12, 2026. Results will be communicated to BSE Limited and National Stock Exchange of India Limited within 2 (two) working days from the conclusion of e-voting.

Resolution 1: Amendments to ACME Employee Stock Option Plan 2024

The ACME Employee Stock Option Plan 2024 was originally approved by the Board of Directors and shareholders on June 26, 2024, and June 27, 2024, respectively. Subsequent amendments were approved in October 2024, prior to the listing of the company's equity shares on November 13, 2024. Post-listing, the scheme was ratified by members on February 21, 2025, in compliance with Regulation 12(1)(ii) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The Board of Directors, at its meeting held on May 07, 2026, based on the recommendation of the Nomination and Remuneration Committee (NRC), approved the following categories of amendments to the scheme:

• Deletion of provisions applicable only to the pre-listing phase of the company
• Removal of references and procedural provisions no longer relevant after listing
• Incorporation of administrative clarifications to facilitate efficient implementation in a listed company environment

The proposed amendments do not alter any economic parameters of the scheme, including the overall option pool, the quantum of options granted, vesting conditions, exercise price, or employee eligibility. The NRC and the Board have confirmed that the proposed amendments are not prejudicial to the interests of eligible employees or option holders.

Resolution 2: Grant of Options to Subsidiary and Holding Company Employees

The second special resolution seeks member approval for the grant of employee stock options under ESOP 2024 to eligible employees of the company's subsidiary company(ies) and/or holding company(ies), including grants made on or after the date of listing and future grants, in accordance with Regulation 6(3)(c) of the SEBI SBEB Regulations.

The total approved option pool under the scheme remains 1,56,66,237 (One Crore Fifty Six Lakh Sixty Six Thousand Two Hundred and Thirty Seven) ESOPs, and no incremental dilution arises on account of this extension. Each ESOP, when exercised, would be converted into one equity share of the company of face value of Rs. 2/- (Rupees Two Only) fully paid-up.

The company has also resolved, pursuant to the Audit Committee's approval at its meeting held on April 22, 2026, to cross-charge the relevant subsidiary(ies) and/or holding company(ies) for costs incurred upon exercise of stock options granted to their employees, ensuring the company does not bear any financial burden on account of such stock options.

Key Scheme Parameters

The following table summarises the key parameters of the ACME Employee Stock Option Plan 2024 as disclosed in the Postal Ballot Notice:

The Postal Ballot Notice, along with the redlined version of the amended scheme, is available for inspection on the company's website at www.acmesolar.in . Members with queries may contact KFin Technologies Limited at its toll-free number 1800 309 4001 or reach the Company Secretary and Compliance Officer, Rajesh Sodhi, at cs.acme@acme.in .

Source: None/Company/INE622W01025/9231ef28c7214708.pdf