Onix Solar Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/01/2026 ,inter alia, to consider and approve 1. To increase in Authorised ....
Awaiting price reaction for this filing.
Onix Solar Energy Ltd has informed BSE that its Board of Directors will meet on 16 January 2026. The key agenda item is to consider and approve an increase in the Authorised Share Capital of the company. The Board will also finalise the draft notice, date, and venue for an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for this change. The filing was made under SEBI Listing Regulations, 2015 by Managing Director Piyush Savaliya. No specific details on the quantum of capital increase or its purpose were disclosed in this intimation.
An increase in authorised share capital is a routine corporate housekeeping step and does not by itself dilute shareholders or affect stock price. The actual impact will depend on what the company plans to do with the expanded capital — such as a fresh issue, rights issue, or preferential allotment — which will likely be revealed in the EGM notice.