Acme Solar Holdings Limited (ACMESOLAR) — Announcement

· NSE Neutral
📢 Key Event
ICRA assigns AA- stable rating to ACME Heergarh Powertech for ₹1,253 crores of loans
💡 Investor Takeaway
The stable AA- rating signals low credit risk, supporting investor confidence in the subsidiary's financial health.

ACME Solar announced that ICRA assigned AA- stable long-term ratings to its subsidiary ACME Heergarh Powertech for a total loan exposure of ₹1,253 crores, reflecting strong creditworthiness and no material change from prior periods, with no forward guidance provided.

📄 View Original Announcement (PDF)

About Acme Solar Holdings Limited (ACMESOLAR)

Power · Power · Listed on NSE

Market Cap: ₹16,724.82 Cr P/E: 33.5 ROE: 9.9% ROCE: 7.5%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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