Onix Solar Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/12/2025 ,inter alia, to consider and approve 1. Proposal to raise ....
Awaiting price reaction for this filing.
Onix Solar Energy Ltd has informed BSE that its Board of Directors will meet on 25th December 2025. The main agenda item is to consider and approve a proposal to raise funds. This may be done through issuance of equity shares and/or other permissible securities. The filing specifically mentions a rights issue as one possible mode, or any other mode permitted under applicable law. The intimation has been made under Regulation 29 of SEBI LODR Regulations 2015. The company has not disclosed the exact amount or the final route of fund raising, as these details will emerge after the board meeting.
Shareholders should watch for the board meeting outcome on 25th December, as a confirmed fund-raising decision could lead to dilution depending on the route chosen. The stock may see some volatility around the announcement date based on the size and structure of the proposed raise.