Rights Issue14 May 2026, 03:10 pm
Onix Solar Energy: Rights Issue of 1.17 Cr Shares at ₹51
AI Summary
Onix Solar Energy Ltd announced a Rights Issue of up to 1,17,97,736 equity shares with a face value of ₹10 each, priced at ₹51 per share. The issue aims to raise up to ₹6016.85 Lakhs. The rights issue ratio is set at 8 Rights Equity Shares for every 17 Fully Paid-Up Equity Shares held on the record date, May 15, 2026. The company has issued a Letter of Offer dated May 11, 2026, regarding the rights issue.
Key Highlights
- Onix Solar Energy plans a Rights Issue of 1,17,97,736 shares.
- The issue price is ₹51 per share, including a premium of ₹41.
- The rights issue ratio is 8:17 for eligible shareholders.
- The issue aims to raise up to ₹6016.85 Lakhs.
- Record date for the rights issue is May 15, 2026.
Price Impact
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