NewsACME Solar Holdings Limited Subsidiary Receives ICRA-A (Stable) Rating for ₹800 Crore...

ACME Solar Holdings Limited Subsidiary Receives ICRA-A (Stable) Rating for ₹800 Crore Term Loan

ACME Solar Holdings Limited has voluntarily informed the stock exchanges about a new credit rating assigned to one of its wholly owned subsidiaries. In an official filing dated May 18, 2026, the company stated that ICRA Limited has assigned a credit rating to the financial facilities of ACME Platinum Urja Private Limited. The rating agency has given an “[ICRA]A-(Stable)” rating for the subsidiary’s long-term fund-based term loan facilities.

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According to the disclosure submitted to both BSE Limited and the National Stock Exchange of India Limited, the rated amount for the borrowing facility stands at Rs. 800 crore. The stable outlook reflects ICRA’s opinion regarding the subsidiary’s ability to meet its long-term financial obligations in a timely manner. The rating also indicates the agency’s assessment of the company’s financial profile and operational stability.

ACME Solar Holdings stated that the detailed rating rationale and related information have been published on ICRA’s official website for investors, stakeholders, and analysts seeking additional insights into the assessment process.

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The company further clarified that the disclosure was made on a voluntary basis and should not be considered a mandatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notification was signed and issued by the Company Secretary and Compliance Officer of ACME Solar Holdings Limited. Through this disclosure, the company continues to maintain transparency regarding the financial position and funding arrangements of its renewable energy subsidiaries and projects.


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