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.

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.