Onix Solar Energy Approves ₹60.17 Cr Rights Issue

Onix Solar Energy Ltd's board approved a rights issue of 1,17,97,736 equity shares at ₹51 each, aggregating to ₹60.17 Cr, following BSE's in-principle approval. The rights issue is offered to eligible shareholders in a ratio of 8:17, with a record date of May 15, 2026. The issue opens on May 25, 2026, and closes on June 01, 2026. Post-issue, the total outstanding equity shares will be 3,68,67,926, assuming full subscription.