
Rights Issue2 Jun 2026, 08:01 pm
Onix Solar Energy Completes Rights Issue Allotment
AI Summary
Onix Solar Energy Limited has successfully completed its Rights Issue, allotting 1,17,97,736 fully paid-up equity shares of face value Rs. 10 each at an issue price of Rs. 51 per share. This allotment, approved by the Rights Issue Committee and BSE, increases the company's paid-up equity share capital from Rs. 25,07,01,900 to Rs. 36,86,79,260. The Rights Issue, which opened on May 25, 2026, and closed on June 1, 2026, aimed to raise capital aggregating up to ₹60.16 Crores.
Key Highlights
- Allotment of 1,17,97,736 equity shares completed.
- Issue price fixed at Rs. 51 per share.
- Total paid-up equity capital increased to Rs. 36,86,79,260.
- Rights Issue aimed to raise approximately ₹60.16 Crores.
Price Impact
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