ACME Solar Holdings announces a strategic move to increase its ownership in subsidiary Acme Sigma Urja from 49% to 99.66% through a Rs 1.5 crore equity subscription, consolidating control to accelerate growth and streamline operations within its renewable energy portfolio.
ACME Solar Holdings Ltd has taken a decisive step to strengthen its grip on its subsidiary Acme Sigma Urja by increasing its stake from 49% to a commanding 99.66%. This move was approved in a recent board meeting on October 10, 2025, where the company decided to subscribe to 15 lakh fully paid equity shares of Acme Sigma Urja at par value, amounting to a Rs 1.5 crore infusement. This significant shareholding increase marks an important milestone for ACME Solar’s consolidation strategy in the renewable energy sector.
Key highlights of this development include:
The subscription will substantially enhance ACME Solar Holdings' control over Acme Sigma Urja, positioning it to decisively drive operational, strategic, and financial decisions within the subsidiary.
The step aligns with ACME’s broader goal of strengthening its renewable energy portfolio amid rapid expansion across solar and hybrid energy projects.
By bringing ownership close to 100%, ACME Solar aims to optimize project execution, simplify governance structures, and better leverage the subsidiary's assets to expedite clean energy generation.
Acme Sigma Urja plays a vital role in ACME Solar’s ecosystem of renewable projects, contributing to the group’s growing footprint in India’s fast-evolving green energy market.
This increase follows recent successful acquisitions and fundraisings by ACME Solar aimed at ramping up its renewable energy capacity, targeting rapid growth to meet India’s clean energy goals.
Regulatory filings confirm the move adheres to SEBI Listing Regulations, underscoring transparency in corporate actions as ACME Solar continues to fortify its market position.
This stake hike strengthens ACME Solar’s competitive edge as one of India’s leading renewable energy companies, underpinned by a commitment to sustainability and infrastructure scale-up. With a focused approach on subsidiary integration and resource optimization, ACME Solar is poised for accelerated project development and operational excellence in the renewable energy space.
The move is expected to positively impact investor confidence and reflects ACME Solar’s strategic intent to become a powerhouse in India’s green energy future.
Sources: NSE India disclosures, ACME Solar Holdings Board Meeting announcement October 10, 2025