Onix Solar Energy Ltd — Important, 02-06-2026: Company Update

Onix Solar Energy's Rights Issue Committee has approved the allotment of 1,17,97,736 fully paid-up equity shares. The Rights Issue, priced at Rs. 51 per share, successfully raised approximately Rs. 60.17 Cr for the company. Following this allotment, the company's paid-up equity share capital has increased from Rs. 25.07 Cr (2,50,70,190 shares) to Rs. 36.87 Cr (3,68,67,926 shares). This significant capital expansion strengthens the company's financial base, providing resources for its ongoing operations and future growth initiatives.