Onix Solar Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve Various matters in connection ....
Awaiting price reaction for this filing.
Onix Solar Energy Ltd has informed BSE that a meeting of its Rights Issue Committee will be held on February 12, 2026. This follows the Board's approval on December 29, 2025, for a Rights Issue of equity shares (face value ₹10 each) of up to Rs. 250 crore. The committee will decide on key terms including the issue price, entitlement ratio, record date, and timing of the rights issue. The company has complied with Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
The upcoming committee meeting will finalize the terms of the up to Rs. 250 crore rights issue. Existing shareholders will likely get an opportunity to subscribe to additional shares in proportion to their holdings, which could lead to dilution if not fully subscribed.