Rights Issue29 Oct 2026, 06:13 pm
Onix Solar Energy: Fund Utilization Report for Right Issue
AI Summary
Onix Solar Energy Limited has submitted its fund utilization report for the quarter ended September 30, 2026, as per SEBI LODR Regulations. The report, issued by Brickwork Ratings India Private Limited, confirms that the proceeds from the company's right issue, amounting to ₹60.17 Crore, have been fully utilized for the purposes stated in the offer documents. This is the second and final monitoring agency report regarding the utilization of funds raised through the equity share right issue.
Key Highlights
- Right issue proceeds of ₹60.17 Crore fully utilized.
- Monitoring Agency Report confirms no deviation from stated objects.
- Report covers utilization for the quarter ended September 30, 2026.
- This is the final monitoring agency report for the right issue.
Price Impact
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