New Delhi, June 23 -- Small-cap stock ACME Solar Holdings rose about 2 per cent in a weak market after the company announced it had secured a Rs.1,072 crore refinancing for a 250 MW operational project in Rajasthan. ACME Solar Holdings share price opened at Rs.241.15 against its previous close of Rs.247.85 and rose 1.7 per cent to an intraday high of Rs.252.10.

According to an exchange filing, ACME Solar Holdings, India's leading renewable energy company and part of the diversified ACME Group, has secured domestic project finance facility of Rs.1,072 crore in its 100 per cent subsidiary ACME Aklera Power Technology Private Limited to refinance the existing debt and reduce financing cost by 95 bps to 8.5 per cent per annum for its 250 MW ...