Onix Solar Energy Limited proposes a rights issue of up to 1,17,97,736 equity shares at ₹51 per share, aggregating ₹60.17 crores.
The issue offers 8 rights shares for every 17 existing shares held as of the record date, May 15, 2026.
Net proceeds of ₹59.67 crores will fund an investment in NOPL Pace Green Energy and general corporate purposes.
The issue opens on May 25, 2026, and closes on June 1, 2026, with shares allotment and listing scheduled for early June.