ACME Solar Holdings Limited has announced the incorporation of a new wholly-owned subsidiary (WOS) named ACME Greentech Sixteen Private Limited on December 23, 2025. The subsidiary will focus on power generation, specifically in the renewable energy sector, aiming to develop, establish, and operate various power projects.
New Subsidiary Launch
ACME Solar Holdings Limited has expanded its operational capabilities with the incorporation of a new wholly-owned subsidiary, ACME Greentech Sixteen Private Limited, officially established on December 23, 2025.
Focus on Renewable Energy
The newly formed entity will operate in the power generation sector, with a specific focus on renewable energy. The primary objective is to undertake businesses related to the development, establishment, and operation of power generation and renewable energy projects.
Financial Details
The cost of subscription for the shares in the new subsidiary amounts to ₹1,00,000, comprising 10,000 equity shares with a face value of ₹10 each. ACME Solar Holdings Limited holds 100% control and shareholding in ACME Greentech Sixteen Private Limited.
Source: BSE