The Board of Directors of Acme Solar Holdings Limited had a meeting on August 27, 2025, which approved several important decisions, including a plan to raise an amount of not more than ₹ 3,000 crore and the appointment of new auditor.
The board approved the equity share or other equity instruments or securities to raise a total amount of not more than ₹ 3,000 crore. This amount will be raised through qualified Institutional Placement (QIP), Ferder Public Offer (FPO), private placement and/or their combinations, which can be considered appropriate under the applied laws, which are subject to such regulatory/statcher approval.
The board has given Messrs A. Prasad and Associates, Chartered Accountants were also appointed as one of the company’s Joint Statutory Auditors and Mr. Shashi Shekhar as Vice-Chairman and Hole-Time Director of the company as well as appointment again.
Appointment of Joint Statutory Auditor: Messrs A. Prasad and Associates, Chartered Accountants, (Firm Registration Number: 004250C and Peer Review Certificate Number: 019231) In place of Tekriwal and Associates (FRN: 009612N), the company has been appointed as one of the Joint Statue Auditor of the company. His tenure will be from the conclusion of the 10th annual general meeting (AGM) to the end of the 15th AGM of the company to be held in the year 2030, which is under the approval of the members in the upcoming 10th AGM.
Appointment of Secretary Auditor: Messrs DMK Associates, Practice Company Secretaries (Firm Registration Number: P2006De003100 and Peer Review Certificate Number: 6896/2025) has been appointed as the Secretary of the company for the company for the upcoming 10th AGM, which starts from April 1, 2025 to the upcoming 10th AGM for five consecutive years of period, starting from April 1, 2025 and ending on 31 March 2030, on March 31, 2025 and ending on 31 March 2030, on March 31, 2025. Is subject to approval.
Vice-Chairman and Hole-Time Director again appointment: Mr. Shashi Shekhar (DIN: 01747358) has been re-appointed as the vice-chairman and hole-time director of the company for a period of 1 year effective from April 9, 2026, which is subject to the approval of the members of the company in the upcoming 10th AGM.
Approval to raise funds: The board has approved raising a total amount of not more than ₹ 3,000 crore. It is proposed to take an enabling approval from the members in the upcoming 10th AGM to raise an amount of not more than ₹ 3,000 crore, whenever it is required.
10th annual general meeting: The 10th AGM of the company members will be convened on Monday, September 29, 2025. Necessary details will be shared at the appropriate time.
The 10th AGM of the company members will be convened on Monday, September 29, 2025. Necessary details will be shared at the appropriate time.