Acme Solar Holdings Limited — Important, 14-02-2025: Updates

ACME Solar Holdings Limited has reported a violation concerning its Code of Conduct related to insider trading regulations, involving Rishi Kumar Mishra, Senior Vice President of Engineering and Strategic Procurement. Mishra purchased and sold 4,517 equity shares on December 3, 2024, without prior clearance, which constitutes a breach as per their internal policies.

Consequently, the company issued a written warning and mandated that Mishra disgorge the profits from the transaction, amounting to ₹5,169.80, to the SEBI Investor Protection and Education Fund. The company is taking a firm stance against such violations to promote compliance and minimize future breaches. Investors should monitor this situation, as adherence to corporate governance standards is critical for maintaining market confidence and integrity.