Appointment

Leading Through Innovation October 03, 2026 To To BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Corporate Relationship Dept., Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Mumbai 400001 Bandra-Kurla Complex, Bandra (East), Mumbai 400 051 Scrip Code: 544283 Symbol: ACMESOLAR Ref : Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sub : Outcome of the meeting of the Board of Directors Dear Sir/Madam, Pursuant to Regulations 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of the Company ("Board"), at its meeting held today, i.e. October 03, 2026, has, on the recommendation of the Nomination and Remuneration Committee and subject to the approval of the members of the Company, appointed Mr. Nikhil Dhingra (DIN: 07835556) as (Joint) Managing Director of the Company for a period of 5 (five) years with effect from October 03, 2026 until October 02, 2031. His existing appointment as Whole-Time Director stands superseded. Mr. Dhingra continues as Chief Executive Officer of the Company. The requisite details as per the SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure-A. The Board meeting started at 6.36 p.m. IST and concluded at 6.45 p.m. IST. The aforesaid information is being made available on the website of the Company i.e. www.acmesolar.in. This is for your information and record. Thanking you, For ACME Solar Holdings Limited Rajesh Sodhi Company Secretary and Compliance Officer ACME Solar Holdings Limited CIN: L40106HR2015PLC102129 Corporate Office: 4th, 6th to 8th Floor, Block A1, DLF World Tech Park, DLF IT SEZ Silokhera, Sector 30, Gurugram, Haryana 122001 India Tel: +91-124-4507100 Fax: +91-124-7117001 Regd. Office: Plot No .152, Sector-44, Gurugram 122002, Haryana, India Tel: +91-124-7117000 Fax: +91-124-7117001 Email: cs.acme@acme.in; Website: www.acmesolar.in Leading Through Innovation Annexure A Information as required under Regulation 30 and Schedule III of SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular bearing No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S. No. Particulars Remarks 1 Reason for change viz. Appointment of Mr. Nikhil Dhingra (DIN: 07835556) as (Joint) appointment, Managing Director of the Company for a period of 5 (five) years reappointment, with effect from October 03, 2026 until October 02, 2031, resignation, removal, subject to the approval of the members of the Company. death or otherwise His existing appointment as Whole-Time Director stands superseded. Mr. Dhingra continues as Chief Executive Officer of the Company 2 Date of appointment/ The appointment is for a period of 5 (five) years commencing reappointment/ from October 03, 2026 and ending on October 02, 2031 cessation (as applicable) & term of appointment/re- appointment 3 Brief profile (in case of appointment) Mr. Nikhil Dhingra is a seasoned business leader with over 21 years of multi-sectoral experience across infrastructure, renewable energy, investment banking, consulting, and technology. An alumnus of NIT Kurukshetra (Electrical Engineering) and IIM Bangalore, his distinguished career includes leadership roles as CEO of Oriental Tollways and ACME Solar Holdings, alongside key stints at ICICI Securities, PwC, Infosys, and SAP Labs. Under his stewardship since February 2023, the Company successfully raised INR 2,900 crore via IPO and INR 2,800 crore via QIP, scaling its standalone net worth to INR 4,951.59 crore alongside a credit rating upgrade to AA-/Stable. Driven by 52% EBITDA CAGR since FY24 (reaching INR 2,265 crore in FY26), he has steered the Company’s transformation into an integrated renewable energy platform, expanding operational capacity to 2,990 MW and battery storage capacities to ~5GWh, securing a robust ~ 8.4 GW contracted portfolio. The Company continues to benefit from his extensive strategic vision and execution capabilities as it scales its footprint in the clean energy sector. 4 Disclosure of No relationship inter-se relationships between directors (in case of appointment of a director) 5 Declaration Pursuant to the BSE circular no. LIST/COMP/14/2018-19 and NSE circular no. NSE/CML/2018/24, dated June 20, 2018, Mr. Nikhil Dhingra is not debarred from holding office of Director by virtue of any order passed by Securities and Exchange Board of India or any other authority ACME Solar Holdings Limited CIN: L40106HR2015PLC102129 Corporate Office: 4th, 6th to 8th Floor, Block A1, DLF World Tech Park, DLF IT SEZ Silokhera, Sector 30, Gurugram, Haryana 122001 India Tel: +91-124-4507100 Fax: +91-124-7117001 Regd. Office: Plot No .152, Sector-44, Gurugram 122002, Haryana, India Tel: +91-124-7117000 Fax: +91-124-7117001 Email: cs.acme@acme.in; Website: www.acmesolar.in