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ACME Solar rallies 9%, hits record high; up 70% from Jan low; here's why
ACME Solar launched a QIP, with reports indicating a fundraise of up to ₹2,500 crore to support growth capex, renewable energy project expansion and balance sheet strengthening.
Acme Solar hits record high after launching QIP issue with floor price of Rs 294.13/share
Acme Solar Holding jumped 6.22% to Rs 326 after the company's board approved the opening of the issue of qualified institutional placement (QIP) of equity shares with a floor price of Rs 294.13 per share
ACME Solar share price jumps 3% as firm launches QIP at ₹294.13 floor price
ACME Solar Holdings share price increased over 3% on June 2 after announcing a Qualified Institutional Placement (QIP) with a floor price of ₹294.13. The company aims to raise capital from institutional investors as it expands its renewable energy portfolio.
ACME Solar to raise up to ₹2,800 crore via QIP, confirms CNBC-TV18 newsbreak
According to sources and the term sheet accessed by CNBC-TV18, Acme Solar aims to raise up to ₹2,800 crore through the QIP. The issue comprises a base size of ₹2,600 crore, along with a greenshoe option of ₹200 crore.
Avaada secures $950 million from global, domestic Banks
Avaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project in Bikaner. This marks India's largest fundraise in the segment. Avaada also secured debt financing for two 300 MW solar power projects in Rajasthan and Gujarat.
CNBC-TV18 Newsbreak Confirmed: ACME Solar opens ₹2,800 crore QIP at ₹279.50 per share
Shares of ACME Solar Holdings Ltd ended at ₹306.90, down by ₹3.65, or 1.18%, on the BSE.
Adani Green Energy commissions 50 MW solar plant in Gujarat’s Khavda
Adani Green Energy has commissioned a 50 MW solar power project at Khavda in Gujarat, taking its total operational renewable energy capacity to 19,835.8 MW.
Avaada Group secures $950 million financing from consortium of global and domestic banks
Avaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it India’s largest financing transaction in the FDRE segment. The company has also secured debt financing for two 300 MW solar projects in Rajasthan and Gujarat, taking total debt sanctions across the three projects to nearly $950 million.
ACME Solar may launch ₹2,500 crore QIP for growth capex, shareholding compliance: Exclusive
At the end of the March quarter, the promoter entity held a 83.3% stake in ACME Solar. In August 2025, the company's board had approved raising funds to the tune of ₹3,000 crore.
Acme Solar share price jumps to all-time high amid reports of ₹2,500 crore QIP move
Acme Solar share price has gained nearly 4% in one month and surged more than 33% in three months. The stock has rallied 39% in six months and has risen 19% in one year.
Acutaas Chemicals among 4 stocks that closed crossing above VWAP
Four Nifty500 stocks, Signatureglobal (India), Afcons Infrastructure, Aarti Industries and ACME Solar Holdings, closed over 1% above VWAP on May 29, signaling bullish momentum and strengthening positive market sentiment.
Inox Clean Energy plans ₹1 trillion investment by 2030 in renewables, solar equipment and battery storage
INOXGFL Group is also targeting global markets with a major battery chemicals push and a new joint venture to develop power projects across Africa, executive director Devansh Jain said.