ACME Solar Holdings has terminated its planned acquisition of AK Renewable Infra Private Limited.

Following discussions, both parties mutually agreed to call off the deal, ending the share purchase agreement.

This marks a pivot for ACME Solar, as the strategic move to integrate AK Renewable Infra's assets into its portfolio is now off.

For investors, this means no new capacity or related financial outlays from this specific target will materialize, potentially altering immediate growth expectations.