ACME Solar Holdings Limited will increase its stake in its subsidiary, ACME Sigma Urja Private Limited, from 49% to 99.66%. This decision was approved by the Operational Committee on October 10, 2025. The company is investing ₹15,00,000 by subscribing to equity shares in the target company, which will fund the development of a renewable energy project.
Increased Investment in Renewable Project
ACME Solar Holdings Limited has announced a strategic decision to increase its investment in ACME Sigma Urja Private Limited, a subsidiary focused on renewable energy projects. The decision to increase the stake to 99.66% was made on October 10, 2025.
Details of the Acquisition
As part of this transaction, ACME Solar will subscribe to 15,00,000 fully paid equity shares of ACME Sigma Urja Private Limited. These shares have a face value of ₹10 each and will be acquired at par for an aggregate amount of ₹1,50,00,000.
Strategic Rationale
This investment aims to support the construction and commissioning of a renewable energy project. ACME Solar will be responsible for overall project development, commissioning, and funding. The target completion date is within the next 7 business days, after which, ACME Solar’s shareholding in the target company will increase from 49% to 99.66%.
Source: BSE
