ACME Solar Holdings Incorporates Wholly Owned Subsidiary for Renewable Energy Projects

1 min read     Updated on 26 Dec 2025, 07:31 PM
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Reviewed by
Shriram SScanX News Team
Overview

ACME Solar Holdings Limited has incorporated ACME Greentech Nineteen Private Limited as a wholly owned subsidiary on December 23, 2025, with an initial investment of ₹1.00 lakh through 10,000 equity shares. The subsidiary will focus on renewable energy project development, establishment, and operations, strengthening the parent company's position in the power generation sector.

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*this image is generated using AI for illustrative purposes only.

ACME Solar Holdings Limited has incorporated a new wholly owned subsidiary to strengthen its presence in the renewable energy sector. The company announced the establishment of ACME Greentech Nineteen Private Limited on December 23, 2025, as part of its strategic expansion in power generation and renewable energy projects.

Subsidiary Details and Structure

The newly incorporated entity operates as a wholly owned subsidiary of ACME Solar Holdings Limited, with its registered office situated in Gurugram, Haryana. The subsidiary has been established with a clear focus on the renewable energy industry, specifically targeting power generation projects.

Parameter: Details
Entity Name: ACME Greentech Nineteen Private Limited
Incorporation Date: December 23, 2025
Location: Gurugram, Haryana, India
Industry Focus: Power generation (renewable energy)
Ownership Structure: 100% wholly owned subsidiary

Financial Investment and Share Structure

The parent company has made an initial investment through cash subscription to establish the subsidiary's share capital structure. The financial commitment demonstrates ACME Solar Holdings' dedication to expanding its renewable energy portfolio.

Financial Details: Amount/Quantity
Initial Paid-up Capital: ₹1.00 lakh
Number of Shares: 10,000 equity shares
Face Value per Share: ₹10.00
Subscription Method: 100% cash consideration
Shareholding Percentage: 100% by ACME Solar Holdings

Business Objectives and Operations

ACME Greentech Nineteen Private Limited has been incorporated with specific objectives aligned with the renewable energy sector. The subsidiary will focus on comprehensive project development and operations in the power generation space.

The entity's primary business activities include:

  • Development of renewable energy projects
  • Establishment of power generation facilities
  • Operation of renewable energy projects
  • Supporting the parent company's expansion strategy

Regulatory Compliance

The incorporation process was completed in accordance with regulatory requirements, with no additional governmental or regulatory approvals needed for the establishment. The company has fulfilled all disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic move reinforces ACME Solar Holdings' commitment to expanding its renewable energy operations through dedicated subsidiary structures, enabling focused project development and operational efficiency in the growing clean energy market.

Historical Stock Returns for ACME Solar Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-2.51%-1.66%-0.87%-7.22%-2.23%-8.70%
ACME Solar Holdings
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Acme Solar Holdings Establishes New Fully Owned Subsidiary Acme Greentech Seventeen Private Limited

0 min read     Updated on 24 Dec 2025, 05:47 PM
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Reviewed by
Ashish TScanX News Team
Overview

ACME Solar Holdings has formed a new fully owned subsidiary named Acme Greentech Seventeen Private Limited. This strategic move enhances the company's corporate structure and demonstrates its commitment to expanding within the renewable energy sector. The new subsidiary is expected to focus on green technology solutions, aligning with ACME Solar Holdings' core business in clean energy.

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*this image is generated using AI for illustrative purposes only.

ACME Solar Holdings has announced the establishment of a new fully owned subsidiary named Acme Greentech Seventeen Private Limited. This corporate development marks another step in the company's organizational expansion within the renewable energy sector.

Corporate Structure Enhancement

The formation of this new subsidiary represents a strategic move by ACME Solar Holdings to enhance its corporate structure. The establishment of Acme Greentech Seventeen Private Limited demonstrates the company's systematic approach to business organization and operational management.

Corporate Details Information
Subsidiary Name Acme Greentech Seventeen Private Limited
Ownership Structure Fully Owned Subsidiary
Parent Company ACME Solar Holdings
Business Focus Green Technology

Strategic Business Development

The creation of this subsidiary aligns with the company's focus on renewable energy and green technology solutions. By establishing dedicated corporate entities, ACME Solar Holdings appears to be positioning itself for structured growth and specialized operations within different segments of the clean energy market.

This development reflects the company's commitment to expanding its presence in the renewable energy sector through organized corporate structures that can facilitate focused business activities and operational efficiency.

Historical Stock Returns for ACME Solar Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-2.51%-1.66%-0.87%-7.22%-2.23%-8.70%
ACME Solar Holdings
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