Clarification16 Oct 2026, 12:19 pm
OnEMI Technology Solutions Clarifies Preferential Issue Pricing
AI Summary
OnEMI Technology Solutions Ltd has provided additional clarification regarding its proposed preferential issue of up to 2,64,93,882 equity shares. The company confirmed that the issue price of ₹314.11 per share was determined in accordance with SEBI ICDR Regulations. While a valuation report was obtained as per the company's Articles of Association, the price derived from it did not exceed the floor price set by SEBI regulations. The shareholders approved the preferential issue at an EGM held on October 14, 2026.
Key Highlights
- Preferential issue of 2,64,93,882 equity shares approved.
- Issue price of ₹314.11 per share confirmed.
- Pricing adheres to SEBI ICDR Regulations.
- Shareholder approval obtained via EGM.
- Valuation report obtained, price within regulatory limits.
Price Impact
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