QIP Details
Type of Issuance: Equity Shares of face value ₹2 each
Total Amount Raised / Intended to Raise: [Not Specified]
Number of Securities Issued: [Not Specified]
Face Value and Issue Price: Face value of ₹2 per Equity Share. Floor price fixed at ₹294.13 per Equity Share. The issue price may be at a discount of not more than 5% on the floor price.
Premium (if applicable): The floor price of ₹294.13 represents a significant premium to the face value of ₹2.
Names of Allottees (if disclosed): [Not Specified]
Timeline and Approval References:
- Board approval: August 27, 2025
- Shareholder approval via special resolution: September 29, 2025 (Annual General Meeting)
- Fund Raising Committee meeting: June 1, 2026 (commenced at 7:25 PM, concluded at 7:43 PM)
- Issue opening date: June 1, 2026
- Relevant Date for pricing: June 1, 2026
- Regulatory framework: SEBI ICDR Regulations (Chapter VI), Companies Act, 2013 (Sections 42 and 62(1)(c))
Purpose of the QIP: [Not Specified]
Post-QIP Shareholding Pattern: [Not Specified]
Other Announcements in the Document
The document includes compliance disclosures regarding:
- Closure of trading window for insiders until further notice, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct
- Filing of Preliminary Placement Document dated June 1, 2026 with the exchanges
- Availability of documents on company website: www.acmesolar.in