Acme Solar Holdings has announced the formation of a new subsidiary company, marking another step in the company's corporate expansion strategy. The renewable energy company has established Acme Greentech Nineteen Private Limited as its latest subsidiary entity.

Corporate Structure Expansion

Acme Solar Holdings has formed this new subsidiary as part of its ongoing business development initiatives. The establishment of Acme Greentech Nineteen Private Limited adds to the company's existing corporate structure and subsidiary network.

Strategic Development

The formation of new subsidiaries is a common corporate strategy used by companies to expand their business operations, enter new market segments, or organize specific business functions under separate legal entities. This development reflects Acme Solar's approach to structured business growth and organizational management.

The creation of Acme Greentech Nineteen Private Limited demonstrates the company's continued focus on expanding its corporate framework to support its business objectives in the renewable energy sector.

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.

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.

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.