SBI Life Insurance entered Acme Solar Holdings with 1,49,83,899 shares, representing a 2.12% stake. This new position was established through an allotment in the company's Qualified Institutional Placement (QIP) on June 5, 2026, where shares were issued at ₹279.50 apiece. The total value of this investment was ₹418.84 crore.
A renewable energy developer in India operating a diversified portfolio of solar, wind, hybrid, and firm dispatchable renewable energy projects. Incorporated in 2015, the company specializes in developing and managing clean energy assets across multiple technologies. ACME Solar Holdings focuses on delivering reliable renewable power solutions to support India's energy transition and meet growing electricity demand from industrial and utility-scale customers.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.
