ACME Solar Holdings Limited announced that its Board of Directors, in a meeting held on September 1, 2026, approved the appointment of M/s. BSR & Co. LLP as Joint Statutory Auditors for a term of five years, replacing M/s Walker Chandiok & Co. LLP. The Board also approved an alteration to the company’s Memorandum of Association, subject to shareholder and other necessary approvals. Additionally, the re-appointment of director Mr. Nikhil Dhingra was recommended, and the notice for the 11th Annual General Meeting was approved.
Board Meeting Highlights
In a significant board meeting held on September 1, 2026, ACME Solar Holdings Limited’s Board of Directors made key decisions impacting the company’s governance and operational framework. The meeting, which concluded at 07:31 P.M. (IST), saw the approval of several crucial resolutions.
New Joint Statutory Auditors Appointed
A primary resolution passed was the appointment of M/s. BSR & Co. LLP, Chartered Accountants, as the Joint Statutory Auditors of the Company. This appointment is effective for a term of five (5) years, commencing from the conclusion of the 11th Annual General Meeting (AGM) for the fiscal year 2025-26, until the conclusion of the 16th AGM for the fiscal year 2030-31. They will serve alongside the existing auditors, replacing M/s Walker Chandiok & Co. LLP, who are retiring after completing their term.
Alteration of Memorandum of Association
The Board also approved the alteration of the Object Clause of the Memorandum of Association (MOA) of the Company. This change is subject to the approval of the shareholders at the upcoming 11th AGM and any other required regulatory approvals. The proposed amendments are detailed in Annexure II, indicating an expansion or modification of the company’s business objectives.
Director Re-appointment and AGM Details
Furthermore, the Board recommended the re-appointment of Mr. Nikhil Dhingra, who retires by rotation, for another term as Director. The notice for the 11th Annual General Meeting (AGM) was approved, scheduled to be held on Tuesday, September 29, 2026, at 03:00 P.M. (IST) through Video Conferencing. The cut-off date for determining member eligibility to vote at the AGM has been set as Wednesday, September 23, 2026. Remote e-voting will be open from September 26, 2026, to September 28, 2026.
The information regarding these decisions is also available on the company’s website, www.acmesolar.in.
Source: BSE
