ACME Solar Holdings Limited is launching a Qualified Institutions Placement (QIP) of equity shares, as approved by its Board and Fund Raising Committee. The issue, which opened on June 01, 2026, has a floor price of ₹294.13 per Equity Share. This placement is conducted under the SEBI ICDR Regulations and the Companies Act, 2013, aiming to raise capital through eligible institutional investors. The company has made the preliminary placement document available online.
ACME Solar Launches Qualified Institutions Placement
ACME Solar Holdings Limited announced today, June 01, 2026, the opening of its Qualified Institutions Placement (QIP) of equity shares. This move, authorized by the Board of Directors and further approved by the Fund Raising Committee, is in line with the provisions of Chapter VI of the SEBI ICDR Regulations and relevant sections of the Companies Act, 2013.
Key Issue Details
The Fund Raising Committee has set the floor price for this issue at ₹294.13 per Equity Share. This price is determined based on the pricing formula prescribed under the SEBI ICDR Regulations. The ‘Relevant Date’ for the purpose of this QIP has also been fixed as June 01, 2026.
Approvals and Documentation
The company’s Board of Directors had previously approved the QIP on August 27, 2025, followed by a special resolution passed by the shareholders on September 29, 2025. The Fund Raising Committee, in its meeting held today, has officially authorized the opening of the Issue and approved the preliminary placement document and application form, both dated June 01, 2026.
Discount Option and Disclosure
Pursuant to shareholder approval, ACME Solar Holdings Limited may offer a discount of up to 5% on the calculated floor price at its discretion. The Preliminary Placement Document dated June 01, 2026, has been filed and is also accessible on the company’s website.
Trading Window Status
In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of ACME Solar Holdings Limited has been closed until further notice to ensure compliance and prevent insider trading related to this issue.
For ACME Solar Holdings Limited
Rajesh Sodhi
Company Secretary and Compliance Officer
Source: BSE
