ACME Solar Holdings concludes 11th AGM, adopts FY26 financials
- ACME Solar Holdings held its 11th AGM on September 29, 2026, via video conferencing
- Members adopted audited standalone and consolidated financial statements for FY26
- Statutory auditors issued unqualified opinions on FY26 financial reports
- Special resolution passed for altering the Objects clause of the Memorandum of Association
- 76 members participated in the meeting through the digital platform

*this image is generated using AI for illustrative purposes only.
ACME Solar Holdings concluded its 11th Annual General Meeting on September 29, 2026, with members approving the adoption of audited standalone and consolidated financial statements for FY26. The virtual meeting, conducted through video conferencing, also saw the appointment of statutory auditors and the re-appointment of a retiring director.
The proceedings commenced at 3:00 pm and concluded at 3:53 pm, attended by 76 members via the digital platform. Chairman and Managing Director Manoj Kumar Upadhyay addressed the shareholders, highlighting the company's performance during the fiscal year. The statutory auditors issued an unqualified opinion on both standalone and consolidated financial statements for FY26.
Resolutions Passed
The meeting transacted both ordinary and special business as outlined in the notice. Members voted on key corporate actions, including the alteration of the Memorandum of Association objects clause. Voting results will be submitted to stock exchanges in due course.
| Business Item | Resolution Type |
|---|---|
| Adoption of Audited Standalone Financial Statements | Ordinary |
| Adoption of Audited Consolidated Financial Statements | Ordinary |
| Re-appointment of Retiring Director | Ordinary |
| Appointment of Statutory Auditor | Ordinary |
| Alteration of Objects Clause (MoA) | Special |
Board and Management Presence
The board demonstrated full participation in the digital format, ensuring continuity of governance oversight. Key managerial personnel and independent directors were present to address member queries.
- Manoj Kumar Upadhyay: Chairman and Managing Director
- Shashi Shekhar: Whole Time Director and Vice Chairman
- Nikhil Dhingra: Whole Time Director and CEO
- Hemant Sahai: Independent Director (Audit/Risk Committee Chair)
- Atul Sabharwal: Independent Director (Nomination/Remuneration Chair)
- Anuranjita Kumar: Independent Director (Stakeholders Relationship Chair)
Voting and Compliance Details
E-voting facilities were provided by National Securities Depository Limited (NSDL). Remote e-voting was open from September 26, 2026, to September 28, 2026. Members present at the AGM who had not voted remotely could cast their votes during the meeting and for 15 minutes after its conclusion. Mr. Deepak Kukreja of M/s DMK Associates served as the scrutinizer for the voting process.
Historical Stock Returns for ACME Solar Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.47% | -4.37% | +9.87% | +65.34% | +56.16% | +70.87% |
What specific new business activities or geographic expansions prompted the alteration of ACME Solar's Memorandum of Association objects clause?
How might the re-appointment of the retiring director and appointment of new statutory auditors influence investor confidence in ACME Solar's governance stability?
Given the unqualified audit opinion, what are ACME Solar Holdings' projected capital expenditure plans for FY27 to support its renewable energy capacity targets?


































