StockWatch
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Copper
Quarterly Result15 Jul 2026, 06:21 pm

Onix Solar Energy Approves Q1 FY27 Results, Appoints Independent Director

AI Summary

Onix Solar Energy Limited held a Board of Directors meeting on July 15, 2026, to approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported Revenue from operations of ₹373.56 Cr for the quarter. Key decisions included the approval of the establishment of a new Corporate Office in Rajkot, Gujarat, and the appointment of Mr. Hitesh Kantilal Bhansali as an Independent Director for a term of five years, subject to shareholder approval. The Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee were also reconstituted.

Key Highlights

  • Board approved Q1 FY27 unaudited financial results.
  • Revenue from operations stood at ₹373.56 Cr for the quarter.
  • New Corporate Office established in Rajkot, Gujarat.
  • Mr. Hitesh Kantilal Bhansali appointed as Independent Director.
  • Key board committees were reconstituted.