NewsACME Solar Holdings Incorporates Five Wholly Owned Subsidiaries for Renewable Energy DevelopmentACME Solar Holdings Incorporates Five Wholly Owned Subsidiaries for Renewable Energy Development
ACME Solar Holdings Limited has incorporated five wholly owned subsidiaries focused on power generation and renewable energy projects, all registered in Gurugram, Haryana. Each subsidiary was subscribed with 100% cash consideration of Rs. 1,00,000/- comprising 10,000 equity shares at Rs. 10/- each, with no regulatory approvals required. The disclosures were filed under Regulation 30 of the SEBI Listing Regulations by Company Secretary Rajesh Sodhi.
*this image is generated using AI for illustrative purposes only.
ACME Solar Holdings Limited has announced the incorporation of five wholly owned subsidiaries (WOS), pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The disclosures were filed with both BSE Limited and the National Stock Exchange of India Ltd. All newly incorporated entities are set to operate within the power generation and renewable energy sector.
Newly Incorporated Subsidiaries
Four of the five subsidiaries were incorporated on May 09, 2026, while the fifth — ACME Greentech Twenty One Private Limited — was incorporated on May 11, 2026. All entities have their registered offices situated in Gurugram, Haryana, India, and are direct wholly owned subsidiaries of ACME Solar Holdings Limited. The following table provides a structured overview of all five newly incorporated companies:
| Parameter: | Details |
|---|---|
| Subsidiary 1: | ACME Greentech Twenty Private Limited |
| Subsidiary 2: | ACME Greentech Twenty One Private Limited |
| Subsidiary 3: | ACME Greentech Twenty Two Private Limited |
| Subsidiary 4: | ACME Greentech Twenty Three Private Limited |
| Subsidiary 5: | ACME Greentech Twenty Four Private Limited |
| Date of Incorporation (Subsidiaries 1, 3, 4, 5): | May 09, 2026 |
| Date of Incorporation (Subsidiary 2): | May 11, 2026 |
| Country/Location of Incorporation: | Gurugram, Haryana, India |
| Industry: | Power generation (renewable energy) |
| Holding Company: | ACME Solar Holdings Limited |
| Shareholding by Listed Entity: | 100% |
Business Objective and Subscription Details
All five subsidiaries have been incorporated with the objective of undertaking businesses relating to the development, establishment, and operation of power generation and renewable energy projects. No governmental or regulatory approvals were required for the incorporation of any of these entities.
The subscription details for each of the five subsidiaries are outlined below:
| Parameter: | Details |
|---|---|
| Nature of Consideration: | 100% subscription to the initial paid-up share capital in cash |
| Cost of Subscription: | Rs. 1,00,000/- |
| Number of Equity Shares: | 10,000 equity shares |
| Face Value per Share: | Rs. 10/- each |
| Percentage of Shareholding: | 100% |
Regulatory Disclosure
The intimations were submitted in compliance with Regulation 30 and other applicable provisions of the SEBI Listing Regulations, along with the SEBI Master Circular bearing Ref. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosures were signed by Rajesh Sodhi, Company Secretary and Compliance Officer of ACME Solar Holdings Limited.
Historical Stock Returns for ACME Solar Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.23% | +14.66% | +24.56% | +67.54% | +41.98% | +39.15% |
Which specific renewable energy projects — solar, wind, or hybrid — are these five new subsidiaries likely to develop, and in which geographies across India?
How does the rapid incorporation of multiple project-specific subsidiaries reflect ACME Solar's capacity expansion targets under India's national renewable energy goals for 2030?
Could the sequential naming convention (Twenty through Twenty Four) indicate a larger pipeline of upcoming subsidiary incorporations, and what total project capacity might this represent?
19
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
