ACMESOLAR2026-09-18ACMESOLAR2026-09-182026-09-18ACMESOLAR2026-09-182026-09-18AmalgamatedEntityDomain1ACMESOLAR2026-09-18AmalgamatedEntityDomain1ACMESOLAR2026-09-182026-09-18AmalgamatedEntityDomain2ACMESOLAR2026-09-18AmalgamatedEntityDomain2ACMESOLAR2026-09-182026-09-18AmalgamatedEntityDomain3ACMESOLAR2026-09-18AmalgamatedEntityDomain3ACMESOLAR2026-09-182026-09-18AmalgamatedEntityDomain4ACMESOLAR2026-09-18AmalgamatedEntityDomain4xbrli:purexbrli:shares544283ACME Solar Holdings LimitedACMESOLARNOTLISTEDINE622W01025NewAmalgamation/ Mergertrue2026-09-1819:09:002026-09-18ACME SOLAR HOLDINGS LIMITEDTransfereeListed Entity (self)Turnover-39,109.50 million, Net Worth - 49,515.93 million and Net Profit - 3,401.58 million5047338620.7142008883750.284212520990.001870687433615047338620.7142008883750.284212520990.00187068743361ACME Pokhran Solar Private LimitedTransferorSubsidiaryTurnover-294.86 million, Net Worth - 463.59 million and Net Profit - (53.11) million544596001000054459600100000000ACME Sikar Solar Private LimitedTransferorSubsidiaryTurnover-1,204.22 million, Net Worth - 1,169.56 million and Net Profit - 185.95 million10091250010000100912500100000000ACME Eco Clean Energy Private LimitedTransferorStep Down SubsidiaryTurnover-135.15 million, Net Worth - 419.47 million and Net Profit - (94.09) million539600001000053960000100000000true2026-09-182026-09-18falsetrueTransferor Companies namely ACME Pokhran Solar Private Limited (“Transferor Company-1”), ACME Sikar Solar Private Limited (“Transferor Company-2”), ACME Eco Clean Energy Private Limited (“Transferor Company-3”) (hereinafter collectively referred as the “Transferor Companies”) are direct or indirect wholly owned subsidiaries of ACME Solar Holdings Limited (“Transferee Company”), accordingly, upon the Scheme becoming effective, all the equity shares as held by the Transferee Company in the Transferor Companies either by itself or through its subsidiary or through its nominee(s) shall stand cancelled and extinguished. Therefore, there will be no issue and allotment of shares as consideration by the Transferee Company to the shareholders of the Transferor Companies upon coming into effect of the Scheme. The investments in the shares of the Transferor Companies, appearing in the books of account of Transferee Company shall, without any further act or deed, stand cancelled.trueACME Solar Holdings Limited along with its subsidiaries is an integrated renewable energy Company in India, with a diversified portfolio comprising Firm and Dispatchable Renewable Energy, Battery Energy Storage System, solar, hybrid and wind projects. Along with its subsidiaries, it develops, builds, owns, operates and maintains utility scale renewable energy projects through in-house engineering, procurement and construction division and operation and maintenance team, and generate stable, long-term revenue through fixed-tariff power purchase agreements for the sale of electricity to various off-takers, including central and state government-backed entities. ACME Pokhran Solar Private Limited is engaged in the business of establishing, commissioning, operating and maintaining renewable energy power projects. It is operating a 50 MW wind power project pursuant to a power purchase agreement with Gujarat Urja Vikas Nigam Limited. ACME Sikar Solar Private Limited is engaged in the business of establishing, commissioning, operating and maintaining renewable energy power projects. It is operating a 300 MW solar power project pursuant to a power purchase agreement with Solar Energy Corporation of India. ACME Eco Clean Energy Private Limited is engaged in the business of establishing, commissioning, operating and maintaining renewable energy power projects. It is operating a 100 MW wind power project pursuant to a power purchase agreement with Gujarat Urja Vikas Nigam Limited.The Amalgamation (as defined in the Scheme) of the Transferor Companies with and into the Transferee Company contemplated in the present Scheme (as defined in the Scheme) will ensure optimized legal structure and will also reduce the number of legal entities within the group so as to achieve significant cost savings and other administrative benefits, some of which are set out below: (a) Simplification and consolidation of group structure: The Amalgamation (as defined in the Scheme) will consolidate the renewable energy assets and project companies under the Transferee Company, thereby simplifying the existing corporate and ownership structure and providing a unified asset base with greater operational visibility. (b) Operational, financial and administrative efficiencies: The consolidation will facilitate efficient deployment of financial resources, cash flows and working capital, eliminate duplication of corporate, secretarial, tax, audit and other compliance requirements, and reduce administrative and operational costs. (c) Optimisation of project cash flows and financing: The Amalgamation (as defined in the Scheme) will facilitate more efficient utilisation of cash flows generated by the renewable energy projects and, subject to applicable financing arrangements and consents, reduce restrictions at the individual project/SPV level. The consolidated asset base and balance sheet are also expected to strengthen the Transferee Company’s financial and credit profile and facilitate access to debt and other sources of financing on more favourable terms. This will also enable Transferee Company’s shareholders to have direct and consolidated exposure to the operating performance and cash flows of the underlying renewable energy assets. (d) Elimination of inter-company arrangements: The Amalgamation (as defined hereinafter) will eliminate inter-company transactions, unrealised gains, cross-charges, guarantees and other arrangements between the Transferor Companies, the Transferee Company and/or other group entities, thereby reducing related-party transaction and reporting requirements. (e) Strengthening of the Transferee Company’s infrastructure business: The Transferee Company, which is engaged in EPC and O&M activities relating to renewable energy projects, will, upon the Amalgamation (as defined in the Scheme), directly hold and operate the renewable energy generation projects of the Transferor Companies. This is expected to strengthen its position as an infrastructure company and, subject to applicable conditions and regulatory requirements, facilitate access to benefits, financing opportunities and other relaxations available to entities engaged in infrastructure activities. (f) Protection of stakeholders: The Amalgamation (as defined in the Scheme) is not expected to adversely affect the rights or interests of the shareholders, creditors, employees or other stakeholders of the Transferor Companies or the Transferee Company. All assets, liabilities, obligations and employees of the Transferor Companies shall be transferred to and vested in the Transferee Company in accordance with the Scheme and applicable law.OthersThere will be no cash or share consideration involved in the Scheme. Since the Transferor Companies are direct or indirect wholly owned subsidiaries of the Transferee Company, accordingly, upon the Scheme becoming effective, all the equity shares as held by the Transferee Company in the Transferor Companies either by itself or through its subsidiary or through its nominee(s) shall stand cancelled and extinguished. Therefore, there will be no issue and allotment of shares as consideration by the Transferee Company to the shareholders of the Transferor Companies upon coming into effect of the Scheme. The investments in the shares of the Transferor Companies, appearing in the books of account of Transferee Company shall, without any further act or deed, stand cancelled.There will be no change in shareholding pattern of the listed Transferee Company pursuant to the Scheme.Though this is a related party transaction, each of the Transferor Companies is a direct or indirect wholly owned subsidiary of the Transferee Company and as such each Company is a related party of the other Company. However, the proposed amalgamation shall not attract compliance with the requirements of Section 188 of the Companies Act, 2013 pursuant to the clarifications given by the Ministry of Corporate Affairs, vide its General Circular No. 30/2014 dated 17th July 2014. Further, pursuant to Regulation 23(5)(b) of the SEBI Listing Regulations, the proposed Scheme is exempted from the provisions of Regulation 23(2), (3) and (4) of the SEBI Listing Regulations Further, the Scheme is also exempt from the provisions of SEBI Master Circular No. SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated June 20, 2023.