Onix Solar Energy Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Onix Renewable Limited has substantially increased its stake in Onix Solar Energy Limited by acquiring 1,85,13,885 shares through a preferential allotment. This strategic move boosted Onix Renewable's shareholding from 14.29% to a dominant 91.72%. This acquisition effectively gives Onix Renewable nearly complete control over Onix Solar Energy, signaling a major consolidation or strategic alignment within the solar energy sector. For shareholders, this signifies a significant shift in Onix Solar Energy's ownership and potential future operational direction.