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As on : 25-Aug-2025
Hot Pursuit
25-Aug-2025     09:50


Acme Solar gains as board to mull fundraising plan on 27 August

The company will raise funds by way of issuance of equity shares or any other equity-linked instruments or securities, through permissible modes, including but not limited to, qualified institutions placement (QIP), further public offer (FPO), private placement and/or combination thereof.

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 130.83 crore in Q1 FY26, steely higher than Rs 1.39 crore in Q1 FY25. Revenue from operations jumped 65% YoY to Rs 510.98 crore in Q1 June 2025.

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