Shareholding26 Aug 2026, 12:50 pm
Onix Renewable Increases Stake in Onix Solar Energy to 53.75%
AI Summary
Onix Renewable Limited has disclosed a change in its shareholding in Onix Solar Energy Ltd, acquiring an additional 2.9375% stake through open market transactions. This acquisition brings Onix Renewable's total holding in Onix Solar Energy to 53.7537%. The transaction involved the purchase of 10,83,000 shares. The total equity share capital of Onix Solar Energy remains unchanged at Rs. 36,86,79,260/-. This move signifies an increased control and investment by Onix Renewable in its subsidiary or associated entity, Onix Solar Energy.
Key Highlights
- Onix Renewable acquired 10,83,000 shares in Onix Solar Energy.
- The acquisition increased Onix Renewable's stake to 53.7537%.
- The transaction was executed via open market purchases.
- This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- Onix Renewable is part of the promoter group of Onix Solar Energy.
Price Impact
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