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ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid, and firm and dispatchable renewable energy (“FDRE”) projects
ACME Solar allotted 10.02 Cr equity shares to institutional investors via a QIP at ₹279.50 each, raising ₹2,800 Cr. The issue ran from June 1-4, 2026. Use of proceeds not specified.
ACME Solar issued 10.02 crore equity shares to institutional investors at Rs. 279.50 each. This private placement successfully raised approximately Rs. 2800 crore for the company.
ACME Solar initiated a Qualified Institutional Placement (QIP) for equity shares today. The floor price is ₹294.13 per share, with potential for a discount up to 5%. This fundraise targets institutional investors.