Board Meeting17 Sept 2026, 10:00 pm
OnEMI Technology Solutions Approves Preferential Issue of ₹832 Cr
AI Summary
OnEMI Technology Solutions Limited announced that its Board of Directors has approved a preferential issue of up to 2,64,93,882 equity shares at an issue price of ₹314.11 per share. This private placement aims to raise approximately ₹832.19 crore from identified non-promoter investors. The company will convene an Extra-Ordinary General Meeting (EGM) on October 14, 2026, to seek shareholder approval for this fundraise. The board meeting concluded on September 17, 2026.
Key Highlights
- Board approves preferential issue of 2.64 crore equity shares.
- Fundraising target of ₹832.19 crore via private placement.
- Issue price set at ₹314.11 per equity share.
- EGM scheduled for October 14, 2026, for shareholder approval.
- Funds to be raised from identified non-promoter investors.
Price Impact
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