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ACME Solar Holdings Limited convened a Board of Directors meeting on May 07, 2026.
ACME Solar commissioned India's largest BESS capacity of ~2.3 GWh, earning ~INR 2.2 Cr/day.
KEY POINTS
- Consolidated Net Debt to Net Worth improved to 1.7x from 2.5x due to stronger finances.
- Days Sales Outstanding sharply dropped to 14 days in FY26 from 181 days in FY23.
- Arun Chopra was appointed Chief Financial Officer, replacing Rajat Kumar Singh effective May 8, 2026.
- Operational project refinancing of ~INR 3,300 Cr reduced interest rates by ~150 basis points.
COMPANIES
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