
Subsidiary6 Oct 2026, 07:50 pm
ACME Solar Incorporates 18 Wholly Owned Subsidiaries
AI Summary
ACME Solar Holdings Ltd has announced the incorporation of eighteen new wholly owned subsidiaries (WoS). These entities, including Clearstone Powertech Private Limited and Deeptam Energy Private Limited, have been established to undertake businesses related to the development, establishment, and operation of power generation and renewable energy projects. The incorporation involved a 100% subscription to the initial paid-up share capital in cash, with a total cost of subscription amounting to Rs. 1,00,000/- for each subsidiary. The date of incorporation for these entities was October 06, 2026, and they are all based in India.
Key Highlights
- ACME Solar Holdings Ltd has incorporated 18 new wholly owned subsidiaries.
- These subsidiaries will focus on renewable energy project development and operations.
- Each subsidiary required a cash investment of Rs. 1,00,000/- for share capital.
- The move signals expansion and strategic growth in the renewable energy sector.
Price Impact
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