ACME Solar Holdings Limited has announced the incorporation of a new wholly owned subsidiary (WOS), ACME Greentech Eighteen Private Limited, effective January 1, 2026. This strategic move will support ACME Solar’s expansion in renewable energy through development, establishment, and operation of power generation projects. The subsidiary’s initial paid-up share capital is fully subscribed by ACME Solar.
Subsidiary Incorporation
ACME Solar Holdings Limited has announced the incorporation of a new wholly owned subsidiary (WOS) named ACME Greentech Eighteen Private Limited on January 1, 2026. This incorporation marks a strategic initiative to further expand its footprint in the renewable energy sector.
Details of ACME Greentech Eighteen Private Limited
ACME Greentech Eighteen Private Limited is incorporated in India, with its registered office located in Gurugram, Haryana. This subsidiary will focus on power generation from renewable energy sources, aligning with ACME Solar’s commitment to sustainable energy solutions.
Purpose and Scope
The newly formed subsidiary aims to undertake businesses related to the development, establishment, and operation of power generation and renewable energy projects. ACME Solar Holdings Limited has fully subscribed to the initial paid-up share capital in cash, amounting to Rs. 1,00,000/- (10,000 equity shares of face value of Rs.10/- each).
Ownership and Control
ACME Solar Holdings Limited holds 100% ownership and control of ACME Greentech Eighteen Private Limited, reflecting a commitment to direct management and strategic alignment within the ACME Solar group.
Source: BSE
