ACME Solar Holdings Limited has announced the incorporation of a new wholly owned subsidiary to strengthen its renewable energy portfolio. The company informed stock exchanges on January 01, 2026, about this strategic corporate development under regulatory compliance requirements.

New Subsidiary Formation

The newly incorporated entity, ACME Greentech Fifteen Private Limited, was established on January 01, 2026, with its registered office located in Gurugram, Haryana, India. The subsidiary operates as a 100% wholly owned subsidiary of ACME Solar Holdings Limited, providing complete operational control to the parent company.

Financial Structure and Investment

The subsidiary has been established with a modest initial capital structure designed for future expansion. ACME Solar Holdings Limited has made a cash subscription to acquire complete ownership of the new entity.

Business Objectives and Operations

ACME Greentech Fifteen Private Limited has been incorporated with specific objectives aligned to the renewable energy sector. The subsidiary will focus on comprehensive renewable energy project development and operations.

The entity's primary business activities include:

• Development of power generation projects
• Establishment of renewable energy infrastructure
• Operation of renewable energy projects
• Supporting the parent company's expansion in clean energy sector

Regulatory Compliance

The incorporation was announced in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also adhered to SEBI circulars dated November 11, 2024, and December 31, 2024, ensuring complete regulatory transparency.

No specific governmental or regulatory approvals were required for this incorporation, indicating a streamlined establishment process. The subsidiary formation represents ACME Solar Holdings Limited's continued commitment to expanding its renewable energy capabilities through strategic corporate structuring.

ACME Solar Holdings Limited announced that its wholly owned subsidiary, ACME Venus Urja Private Limited, has received a credit rating assignment from CRISIL Ratings Limited. The rating was communicated to stock exchanges on December 30, 2025, through a voluntary disclosure.

Credit Rating Details

CRISIL Ratings Limited has assigned its rating to the long-term bank facilities of ACME Venus Urja Private Limited. The rating assignment covers substantial financial facilities and reflects the subsidiary's creditworthiness in the renewable energy sector.

Regulatory Communication

The company filed the disclosure with both BSE Limited and National Stock Exchange of India Limited on December 30, 2025. The communication was signed by Rajesh Sodhi, Company Secretary and Compliance Officer of ACME Solar Holdings Limited.

The disclosure was made as a voluntary submission and explicitly stated that it should not be considered as an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rating Documentation

The detailed rating rationale issued by CRISIL Ratings Limited is available on the agency's official website. The rating document provides comprehensive analysis and justification for the assigned credit rating, offering stakeholders insights into the assessment methodology and key factors considered.

Corporate Structure

ACME Venus Urja Private Limited operates as a wholly owned subsidiary of ACME Solar Holdings Limited, contributing to the parent company's renewable energy portfolio. The subsidiary's strong credit rating enhances the overall financial profile of the ACME Solar group and supports its expansion plans in the solar energy sector.