Nature of Update

This is a regulatory compliance filing under SEBI Listing Regulations regarding the incorporation of 18 wholly-owned subsidiaries.

Key Operational or Strategic Points

  • The company has incorporated 18 new wholly-owned subsidiaries as listed in Annexure A
  • All subsidiaries belong to the Power Generation (Renewable Energy) industry
  • The subsidiaries have been incorporated with the objective to undertake businesses relating to development, establishment and operation of power generation and renewable energy projects
  • No governmental or regulatory approvals were required for the incorporation
  • The consideration was 100% cash subscription to the initial paid-up share capital
  • The cost of subscription was ₹1,00,000 per subsidiary (10,000 equity shares of face value of ₹10 each)
  • ACME Solar Holdings holds 100% shareholding in each subsidiary

Material Financial Impact

  • Total initial capital investment: ₹18,00,000 (₹100,000 × 18 subsidiaries)
  • Funding source: Internal cash resources
  • The investment represents initial share capital subscription only
  • No financial impact on revenue, margins, or operational performance is disclosed

Reference Regulation

SEBI Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and SEBI Master Circular bearing Ref. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

List of Incorporated Subsidiaries

1. Clearstone Powertech Private Limited

2. Deeptam Energy Private Limited

3. Ojaswi Renewables Private Limited

4. Marut Wind Power Private Limited

5. Greenstone Powertech Private Limited

6. Dyumna Greentech Private Limited

7. Kiranmay Greentech Private Limited

8. Spandana Renewables Private Limited

9. Clearray Powertech Private Limited

10. Brightray Powertech Private Limited

11. Brightstone Powertech Private Limited

12. Clearbeam Urja Private Limited

13. Brightvale Powertech Private Limited

14. Sudyumna Renewables Private Limited

15. Cleargrid Powertech Private Limited

16. Verdant Powertech Private Limited

17. Sphurti Urja Private Limited

18. Vasudha Greentech Private Limited