ACME Solar Holdings Limited has announced the incorporation of four new wholly owned subsidiaries: ACME Greentech Twenty Five Private Limited, ACME Greentech Twenty Six Private Limited, ACME Greentech Twenty Seven Private Limited, and ACME Greentech Twenty Eight Private Limited. These entities, established on September 15, 2026, are poised to undertake businesses related to the development, establishment, and operation of power generation and renewable energy projects, signaling continued expansion in the clean energy sector.
Expansion into Renewable Energy Projects
ACME Solar Holdings Limited has officially incorporated four new wholly owned subsidiaries, a move that underscores its commitment to expanding its footprint in the renewable energy sector. The newly formed entities are: ACME Greentech Twenty Five Private Limited, ACME Greentech Twenty Six Private Limited, ACME Greentech Twenty Seven Private Limited, and ACME Greentech Twenty Eight Private Limited.
Strategic Objective and Investment
These subsidiaries were incorporated on September 15, 2026, with a clear objective to engage in the development, establishment, and operation of power generation and renewable energy projects. The incorporation signifies a strategic step by ACME Solar Holdings to bolster its capabilities and pursue new opportunities within the dynamic clean energy landscape. Each subsidiary received an initial paid-up share capital in cash, with the cost of subscription for each amounting to Rs. 1,00,000/-, representing 10,000 equity shares of face value Rs. 10 each. This investment represents 100% shareholding control by the listed entity.
Source: BSE
