ACME Solar Holdings Limited clarified a news item regarding the appointment of Jitendra Agrawal. The company stated that the appointment relates to MKU Holdings Private Limited, an unlisted entity and one of ACME Solar’s Promoters. The appointment of Mr. Agrawal is specific to the Renewable Equipment Manufacturing Business of the unlisted entity and does not concern ACME Solar directly.
Clarification on News Item
ACME Solar Holdings Limited has issued a clarification concerning a news item pertaining to the appointment of Jitendra Agrawal. The clarification addresses the queries raised by the Stock Exchanges on October 8, 2025, following a report in The Hindu Business Line on October 7, 2025.
Appointment Details
The company clarified that the news relates to MKU Holdings Private Limited, an unlisted entity. MKU Holdings Private Limited is a Promoter of ACME Solar Holdings Limited. Mr. Jitendra Agrawal’s appointment pertains to the Renewable Equipment Manufacturing Business of MKU Holdings and does not relate to ACME Solar Holdings Limited.
Impact on ACME Solar
ACME Solar affirms that the subject of the news item is not connected to the operations, management, or affairs of the company. The company stated that no disclosure is required.
Source: BSE