Onix Solar Energy Fund Raise of ₹60.17 Cr
Onix Solar Energy Limited approved the allotment of 1.18 crore equity shares via a ₹60.17 Crore rights issue. The allotment increases the company's paid-up share capital.
- Value
- ₹60.17 Cr
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Onix Solar Energy Limited approved the allotment of 1.18 crore equity shares via a ₹60.17 Crore rights issue. The allotment increases the company's paid-up share capital.
Onix Solar Energy submitted revised consolidated financial results for FY26 following a BSE query. The company confirmed no changes were made to previously reported figures.
Onix Solar Energy received a 6,316,486 share application from Abhishek Kamdar for its rights issue. This confirms participation from identified specific investors on the opening date.
Onix Solar Energy announced a Rights Issue of up to 1,17,97,736 shares for ₹60.17 Crore. This capital raise aims to fund growth and strengthen its balance sheet.
Onix Solar Energy approved a ₹60.17 Crore rights issue priced at ₹51 per share. The record date is May 15, 2026, for eligible equity shareholders.
Onix Solar Energy Limited's Rights Issue Committee will meet on May 11, 2026, to finalize terms for its ₹130 Crore rights issue. The committee will decide the issue price, entitlement ratio, and record date. The company's trading window is closed from May 06, 2026, until 48 hours after the meeting's conclusion.
Onix Solar Energy Ltd has submitted revised financial results for the quarter and year ended March 31, 2026, to include previously omitted audited consolidated statements. There is no change to the standalone figures. Standalone FY26 revenue reached ₹157.74 Crore with a net profit of ₹40.19 Crore.
Onix Solar Energy Ltd reported a total revenue of ₹157.74 Crore for the financial year ended March 31, 2026. The company achieved a net profit of ₹40.19 Crore during the same period, reflecting significant growth compared to the previous fiscal year. The Board approved these audited results in their meeting on April 23, 2026.
Onix Solar Energy Ltd reported a total revenue of ₹157.74 Crore for the financial year ended March 31, 2026. The company achieved a net profit of ₹40.19 Crore during the same period, reflecting significant growth compared to the previous fiscal year. The Board approved these audited results in their meeting on April 23, 2026.
Onix Solar Energy Limited approved a fund raise of up to ₹130 Crore through a rights issue of equity shares. A 'Right Issue Committee' has been formed to finalize terms, and intermediaries have been appointed. The capital infusion is intended to strengthen the company's financial position subject to regulatory approvals.
Onix Solar Energy Limited has scheduled a Board Meeting for April 17, 2026, to consider a proposal for fund raising. The company intends to issue equity shares or other permissible securities, potentially through a rights issue or other approved modes, subject to regulatory approvals.
Onix Solar Energy Limited has scheduled a Board Meeting for April 17, 2026, to consider a proposal for raising funds. The capital may be raised through equity shares, rights issues, or other permissible securities. This move indicates the company's intent to strengthen its capital base for future requirements.
Onix Solar Energy Ltd reported net profit of ₹14.4 Cr (+128.6% YoY) for Q3 FY26.