ACME Solar Wins Bid for Record-Low Solar-Plus-Storage Power Project in Madhya Pradesh

ACME Solar Holdings Limited participated in a competitive bidding process conducted by Rewa Ultra Mega Solar Limited for a solar power project with battery energy storage system at Morena Solar Park, Madhya Pradesh. The company was declared the lowest bidder and expects to receive the Letter of Award from RUMSL. This is in the ordinary course of business and does not require a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company believes that acceptance of the Letter of Award is the right time to issue a press release and voluntary disclosure to the stock exchanges. The company is not aware of any undisclosed information that could explain any movement in the trading price/volume of the company’s securities, and the news item has no material impact on the company’s operations or financials.