Rights Issue2 Jun 2026, 07:51 pm
Onix Solar Energy Completes Rights Issue Allotment
AI Summary
Onix Solar Energy Limited (formerly ABC GAS (INTERNATIONAL) Limited) announced the successful completion of its Rights Issue. The Rights Issue Committee approved the allotment of 1,17,97,736 equity shares at ₹51 per share, raising approximately ₹60.17 Crores. This allotment has increased the company's paid-up equity share capital from ₹25.07 Crores to ₹36.87 Crores. The issue was open from May 25, 2026, to June 1, 2026.
Key Highlights
- Rights Issue Committee approved allotment of 1,17,97,736 equity shares.
- Issue price fixed at ₹51 per share, raising ₹60.17 Crores.
- Paid-up equity share capital increased to ₹36.87 Crores.
- Rights Issue was open from May 25 to June 1, 2026.
Price Impact
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