ACME Solar Holdings Limited has announced the incorporation of a new wholly owned subsidiary, ACME Greentech Seventeen Private Limited. This new entity aims to further the company’s objectives in the power generation sector, focusing particularly on renewable energy. The incorporation took place on December 23, 2025, marking a significant step in ACME Solar’s growth strategy.
Subsidiary Incorporation
ACME Solar Holdings Limited has officially established ACME Greentech Seventeen Private Limited as a wholly owned subsidiary (WOS). The incorporation was finalized on December 23, 2025. This move is intended to bolster ACME Solar’s capabilities and presence in the renewable energy sector.
Focus on Renewable Energy
The newly formed subsidiary, ACME Greentech Seventeen Private Limited, will primarily focus on power generation, specifically within the renewable energy domain. The subsidiary will undertake businesses relating to the development, establishment, and operation of power generation and renewable energy projects.
Details of Incorporation
ACME Greentech Seventeen Private Limited is a wholly owned subsidiary of ACME Solar Holdings Limited. The registered office of the company is located in Gurugram, Haryana, India. The initial investment by ACME Solar in the subsidiary is Rs. 1,00,000, comprising 10,000 equity shares with a face value of Rs. 10 each. ACME Solar holds 100% of the shares.
Source: BSE