ACME Solar Holdings has announced the incorporation of a new wholly-owned subsidiary, ACME Greentech Nineteen Private Limited. The incorporation was finalized on December 23, 2025. This strategic move aims to further expand ACME Solar’s footprint in the renewable energy sector and support its ongoing and future projects. The new subsidiary will focus on power generation and other related activities.
Subsidiary Incorporation
ACME Solar Holdings Limited has officially incorporated a new wholly-owned subsidiary (WOS) named ACME Greentech Nineteen Private Limited. This incorporation is intended to boost the company’s activities in the renewable energy space. The announcement was made on December 26, 2025.
Details of ACME Greentech Nineteen Private Limited
ACME Greentech Nineteen Private Limited was officially incorporated on December 23, 2025, in Gurugram, Haryana, India. Its primary focus will be on power generation, particularly in the renewable energy sector.
Business Objective
The newly formed WOS has an objective to undertake businesses relating to the development, establishment, and operation of power generation and renewable energy projects. ACME Solar Holdings has invested Rs. 1,00,000, comprising 10,000 equity shares at a face value of Rs. 10 each. ACME Solar Holdings holds 100% subscription to the initial paid-up share capital in cash.
Source: BSE
