| The newly incorporated subsidiary will focus on the development, establishment, and operation of power generation and renewable energy projects.
ACME Greentech Eighteen was incorporated on 1 January 2026 and has its registered office in Gurugram, Haryana, India.
The company has subscribed to 100% of the initial paid-up share capital of the subsidiary in cash, amounting to Rs 1 lakh, comprising 10,000 equity shares of face value Rs 10 each.
ACME Solar Holdings is a fully integrated renewable energy company in India with a diversified portfolio across solar, wind, storage, hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects.
The company’s consolidated net profit stood at Rs 115.06 crore in Q2 FY26, up 652.51% as against Rs 15.29 crore in Q2 FY25. Revenue from operations jumped 80.18% YoY to Rs 467.74 crore in Q2 September 2025.
The counter rose 0.17% to Rs 238.15 on the BSE.
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