BSEOnix Solar Energy LtdMinimalNeutral
Announced Mon, 23 Feb · 23:14 IST

Submission of Scrutinizer Report for the postal ballot

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Onix Solar Energy Limited has submitted the scrutinizer's report for the postal ballot conducted for its Extra-Ordinary General Meeting. Voting was held via remote e-voting from 23 January 2026 to 21 February 2026, with 16 members casting votes on 1,87,97,109 shares. All four resolutions passed with overwhelming support of 99.999% (only 5 votes against across each resolution). The resolutions included regularization of Mr. Naman Viradiya and Mr. Hardik Adhiya as Non-Executive Directors, appointment of Mr. Piyush Savaliya as Managing Director, and an increase in the Authorised Share Capital of the company.

Likely market impact

Shareholders have approved key governance changes including a new Managing Director and an increase in authorised share capital, giving the company more flexibility to issue new shares in the future. The near-unanimous approval signals strong shareholder backing for the current Board's direction.