ACME Solar Holdings Plans ₹3,000 Crore Multi-Tranche Fundraise to Expand Renewable Energy Capacity – EQ
In Short : ACME Solar Holdings plans to raise ₹3,000 crore in multiple tranches through equity shares or equity-linked instruments, subject to regulatory approvals and shareholder consent at its AGM on September 29, 2025. The funds will support the company’s expansion in solar and hybrid energy projects, aiming to increase renewable energy capacity to 7 GW by 2028, strengthening its position in India’s clean energy sector.
In Detail : ACME Solar Holdings has announced plans to raise ₹3,000 crore in multiple tranches to fund its renewable energy expansion. The fundraising may involve equity shares, equity-linked instruments, or a combination of methods such as Qualified Institutional Placement (QIP), Further Public Offer (FPO), and private placement. The initiative is subject to regulatory approvals and shareholder consent at the upcoming AGM.
The board of directors approved the fundraising plan during a meeting on August 27, 2025. In the same session, Shashi Shekhar was reappointed as Vice-Chairman and Whole-Time Director for a one-year term starting April 9, 2026. These strategic decisions reflect the company’s focus on leadership continuity and long-term growth in the renewable energy sector.
ACME Solar Holdings is a fully integrated renewable energy company in India, specializing in solar and hybrid energy projects. Its strategic goal is to increase renewable energy capacity to 7 GW by 2028. The company invests in both utility-scale solar projects and round-the-clock hybrid capacities to meet India’s growing clean energy demand.
The proposed fundraising will strengthen the company’s financial resources for future renewable energy projects. Capital raised through these tranches will support infrastructure development, project execution, and technology upgrades. By securing robust financing, ACME Solar aims to accelerate its growth trajectory and maintain leadership in India’s renewable energy market.
ACME Solar has demonstrated commitment to renewable energy through ongoing projects and strategic partnerships. The company recently secured funding from REC Limited for a 280 MW Firm and Dispatchable Renewable Energy (FDRE) project. This milestone underscores its ability to attract institutional support for large-scale clean energy initiatives.
Financially, the company has shown steady growth, with a notable increase in net profit in recent quarters. Revenue growth and successful project execution have contributed to operational efficiency. Strong financial performance strengthens investor confidence and supports the company’s ambitious expansion plans across solar and hybrid energy segments.
The announcement of the fundraising plan positively impacted ACME Solar’s stock performance. Shares traded higher following the news, reflecting market confidence in the company’s strategic vision and financial stability. Investor sentiment remains favorable, given the company’s consistent operational performance and focus on renewable energy development.
The upcoming AGM on September 29, 2025, will be a critical event, as shareholders will vote on the proposed fundraising plan. Approval will enable ACME Solar to proceed with capital raising, ensuring timely funding for its expansion projects. The AGM outcome will shape the company’s near-term strategic direction.
In conclusion, ACME Solar Holdings’ plan to raise ₹3,000 crore through multiple tranches highlights its commitment to expanding renewable energy capacity in India. The company’s strategic initiatives, strong financial performance, and focus on sustainable energy solutions position it as a key player in the country’s clean energy transition.
