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Corporate Action23 Oct 2026, 08:10 pm

OnEMI Technology Solutions Allots 2.64 Cr Shares via Preferential Issue

AI Summary

OnEMI Technology Solutions Ltd has approved the allotment of 2,64,93,882 equity shares of face value INR 1 each, fully paid, on a preferential basis via private placement. This allotment, approved by the Board on October 23, 2026, increases the company's issued, subscribed, and paid-up share capital to INR 20,46,07,984/- (20,46,07,984 shares) from INR 17,81,14,102/- (17,81,14,102 shares). The issue price was INR 314.11 per share, including a premium of INR 313.11, aggregating to INR 8,32,19,93,275.02. The new shares rank pari passu with existing equity shares. The filing also lists 34 investors who participated in this preferential issue.

Key Highlights

  • Company allotted 2.64 crore equity shares via preferential issue.
  • Total funds raised amount to ₹832.20 Crore.
  • Issue price fixed at ₹314.11 per share.
  • Share capital increased to ₹20.46 Crore.
  • 34 investors participated in the private placement.