ACME Solar Holdings Fund Raise of ₹2,800 Cr
ACME Solar Holdings Limited successfully raised ₹2,800 Crore through a Qualified Institutions Placement. The allotment involves 10,01,78,890 equity shares to qualified institutional buyers.
- Value
- ₹2,800 Cr
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ACME Solar Holdings Limited successfully raised ₹2,800 Crore through a Qualified Institutions Placement. The allotment involves 10,01,78,890 equity shares to qualified institutional buyers.
ACME Solar Holdings raised ₹2799.99 Crore through a Qualified Institutions Placement. The company allocated 10.01 Crore shares at ₹279.50 each to institutional investors.
ACME Solar Holdings authorized a Qualified Institutions Placement (QIP) with a floor price of ₹294.13 per share. This capital raise aims to strengthen the company's balance sheet.
ACME Solar Holdings filed its Annual Secretarial Compliance Report for FY26. The report confirmed general compliance with minor technical deviations regarding ESOP-related in-principle approvals.
ACME Solar commissioned 34.598 MW / 155.493 MWh additional capacity at its Rajasthan BESS project. Cumulative commissioned capacity now reaches 245.536 MW / 1103.392 MWh.
Acme Solar Holdings secured a 300 MW FDRE power supply contract worth ₹1,900 Crore from SECI. The 25-year agreement establishes long-term revenue visibility at a fixed tariff.
ACME Solar signed a 25-year Power Purchase Agreement with SECI for a 300 MW peak power project. The project carries a tariff of Rs. 6.28 per unit.
Acme Solar Holdings updated its list of authorized personnel for determining event materiality under SEBI regulations. This administrative update ensures compliance with disclosure requirements.
ACME Solar Holdings subsidiary received an [ICRA]A-(Stable) rating for its ₹800 Crore term loan. This credit assessment reflects the subsidiary's financial stability and creditworthiness.
ACME Solar reported strong Q4 FY26 results with a focus on BESS expansion and transition to central offtakers. Commissioned 2.3GW BESS capacity to date with high operational efficiency.