Onix Solar Energy Ltd — Dividend/Bonus, 11-05-2026: Corp. Action

Onix Solar Energy's Rights Issue Committee has approved the terms for a Rights Issue, following an in-principle approval for up to ₹65 crore. The company will issue 1,17,97,736 fully paid-up equity shares at ₹51 each, aiming to raise approximately ₹60.17 crore. Eligible shareholders can subscribe for 8 Rights Equity Shares for every 17 shares held. This capital raise will increase the company's total equity shares from 2.51 crore to 3.69 crore, assuming full subscription, strengthening its financial position for future operations.