ACME Solar Holdings Limited has announced the incorporation of a wholly owned subsidiary to strengthen its renewable energy portfolio. The company informed stock exchanges about this corporate development through a regulatory filing under SEBI Listing Regulations.

New Subsidiary Details

The newly incorporated entity, ACME Greentech Eighteen Private Limited, was established on January 01, 2026, with its registered office located in Gurugram, Haryana, India. The subsidiary operates in the power generation sector, specifically focusing on renewable energy initiatives.

Financial Structure

The subsidiary has been established with a modest initial capital structure. ACME Solar Holdings Limited has subscribed to the entire initial paid-up share capital through cash consideration.

Business Objectives

The wholly owned subsidiary has been incorporated with specific objectives aligned to the renewable energy sector. ACME Greentech Eighteen Private Limited will undertake businesses relating to:

• Development of power generation projects
• Establishment of renewable energy infrastructure
• Operation of renewable energy projects

The incorporation does not require any specific governmental or regulatory approvals, as indicated in the regulatory filing. This strategic move allows ACME Solar Holdings Limited to expand its renewable energy operations through a dedicated subsidiary structure, potentially facilitating focused project development and operational efficiency in the growing clean energy sector.

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.