Outcome of Board Meeting

Leading Through Innovation July 29, 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: Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Sub: Outcome of the meeting of the Board of Directors of ACME Solar Holdings Limited held on July 29, 2026 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 ACME Solar Holdings Limited ("the Company"), at its meeting held today, i.e. Wednesday, July 29, 2026, has, inter alia, approved and taken on record the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026. In terms of Regulation 33 of the SEBI Listing Regulations, the said financial results (standalone and consolidated), as reviewed and recommended by the Audit Committee, together with the Limited Review Report issued by the Joint Statutory Auditors, M/s. Walker Chandiok & Co. LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) and M/s A Prasad & Associates, Chartered Accountants (Firm Registration No. 004250C), are enclosed herewith as Annexure. Further, the said Financial Results are being made available on the Company’s website at www.acmesolar.in and will be published in newspapers as required under the SEBI Listing Regulations. The Board Meeting commenced at 07:08 P.M. (IST) and concluded at 07:20 P.M. (IST). This is for your information and record. Thanking you, For ACME Solar Holdings Limited Rajesh Sodhi Company Secretary and Compliance Officer Encl: As stated 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; Walker Chandiok & Co LLP A Prasad & Associates Chartered Accountants Chartered Accountants 21st Floor, DLF Square, Unit No. B1, Plot No. B9, Jacaranda Marg, DLF Phase II, Sector-3, Pinnacle Business Park Gurugram, Haryana 122002 Gautam Budh _Nagar, UP-201301 Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of ACME Solar Holdings Limited (formerly known as ACME Solar Holdings Private Limited) 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of ACME Solar Holdings Limited (formerly known as ACME Solar Holdings Private Limited) ('the Company') for the quarter ended 30 June 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The review of standalone unaudited quarterly financial results for the period ended 30 June 2025, included in the Statement was carried out and reported by Walker Chandiok & Co LLP, one of the joint auditors of the Group, jointly with the other auditors, S. Tekriwal & Associates who has expressed unmodified conclusion vide their review report dated 25 July 2025, whose review report have been furnished to us and which have been relied upon by us for the purpose of our review of the Statement. Our conclusion is not modified in respect of this matter. For Walker Chandiok & Co LLP For A Prasad & Associates Chartered Accountants 01076N/N500013 Firm Registration No: Anamitra Das lsha Baidya Partner Partner Membership No. 062191 Membership No. 4 UDIN: 26062191 SUXQEH3977 UDIN: 26430264WPVEAK4007 Place: Gurugram Place: Gurugram Date: 29 July 2026 Date: 29 July 2026 IE:: Leading Through Innovation ACME Solar Holdings Limited (formerly known as ACME Solar Holdings Private Limited) Statement of Unaudited Standalone Financial Results for the quarter ended 30 June 2026 (All amounts in Rs. million unless otherwise slated) S.No. Particulars Quarter ended i 30 June 2026 31 March 2026 30 June 2025 31 March 2026 Unaudited (Refer Note 6) Unaudited Audited Revenue from operations (a) Revenue from EPC Contracts 22,413.46 23,558.16 2,670.35 38,225.80 (b) Revenue from O&M Services 249.38 222.96 156.23 879.50 (c) Other Operating Revenue 0.22 0.86 4.20 Total revenue from operations ((a)+(b)+(c)) 22,663.06 23,781.98 2,826.58 39,109.50 II Other income 919.69 1,476.69 813.27 4,463.37 III Total Income (I+II) 23,582.75 25,258.67 3,639.85 43,572.87 i IV Expenses (a) Construction expenses 19,830.16 19,685.51 2,217.70 32,394.14 (b) Employee benefits expense 805.46 657.52 593.51 2,544.45 ( c) Other expenses 324.47 358.95 216.26 1,198.57 Total expenses ((a)+(b)+(c)) 20,960.09 20,701.98 3,027.47 36,137.16 i V Profit before finance cost, depreciation and amortisation expenses, taxes 2,622.66 4,556.69 612.38 7,435.71 and exceptional items ((III)-(JV)) VI Finance costs 966.12 996.15 600.60 3,030.99 VII Depreciation and amortisation expense 25.98 2.26 0.89 5.30 VIII Profit before taxes and exceptional items (V-VI-VII) 1,630.56 3,558.28 10.89 4,399.42 IX Exceptional items (refer note 5) - 143.39 167.56 X Profit before tax (VIIl+IX) 1,630.56 3,701.67 10.89 4,566.98 ! XI Tax expense: (a) Current tax 419.71 852.18 10.21 1,059.39 (b) Deferred tax (6.18) 85.07 (7.45) 106.01 Total tax expense ((a)+(b)) 413.53 937.25 2.76 1,165.40 ! [Showing first 8,000 characters — download PDF for full document]