ACME Solar Holdings commissioned Phase-I of a new Battery Energy Storage System (BESS) project in Rajasthan on September 30, 2026. The newly operational unit adds 53.73 MW of discharge capacity and 222.969 MWh of energy storage to the company's renewable portfolio.

This commissioning is executed through wholly owned subsidiary ACME Sigma Urja Private Limited. The project is located at Village Neemri, Tehsil Rawatbhata, District Chittorgarh. It forms part of a larger 250 MW / 1069 MWh FDRE Project. Only the BESS component has been commissioned, while the corresponding renewable energy generation component remains under development. The Commercial Operation Date (COD) for this specific phase is scheduled for October 2, 2026.

Cumulative Capacity Status

With the activation of this new Phase-I unit, alongside the previously commissioned Phase-III by ACME Greentech Seventh Private Limited, the company has achieved a total commissioned BESS capacity of 213.31 MW / 861.289 MWh. This represents significant progress toward the combined planned capacities of its FDRE projects.

Strategic Partnerships and Regulatory Compliance

The Power Purchase Agreement (PPA) for the previously commissioned Phase-III project has been signed with SJVN Limited. This partnership secures the offtake for the generated power, ensuring revenue visibility for those storage assets. Details regarding the PPA for the new Phase-I project were not disclosed in the immediate filing. The company filed these updates under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to inform both BSE and NSE.

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.

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.