Rights Issue of Equity Shares: Onix Renewable Limited

Rights Issue of Equity Shares: Onix Renewable Limited
Kratika Agrawal
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Kratika Agrawal

Associate Financial Analyst

Financial Analyst at Planify with CFA L2 credentials, focused on valuation modeling and identifying growth opportunities across unlisted and pre-IPO equities.

Publish Date2 April 2026
Reading time2 Min

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According to the notice dated March 25, 2026 , Onix Renewable Limited is offering a Rights Issue of equity shares. The issue is scheduled to open on Thursday, April 2, 2026 , and close on Thursday, April 16, 2026. The offer is conducted for existing members only to meet financial requirements for working capital and capital expenditure.

Key Details of the Rights Issue:

  • The primary purpose of the offer is to raise capital by offering partly paid-up equity shares to eligible shareholders.
  • Total Shares Offered: To offer 10,92,71,764 partly paid-up equity shares of the company.
  • Face Value and Price: Each share has a face value of 10/- and is priced at 51/- per equity share, which includes a premium of 41/-.
  • Rights Entitlement Ratio: The shares are offered in the ratio of 1 equity share for every 1 equity share held by eligible shareholders on the record date.
  • Record Date: The Board of Directors fixed the record date as Monday, March 30, 2026.
  • Total Aggregate Amount: The total amount aggregating from the issue is 557,28,59,964/-.

Payment Schedule for Rights Equity Shares:


The following table outlines the payment terms for the partly paid-up shares:

DUE DATE
Face Value (₹)
Premium (₹)
Total (₹)
On Application

5

20

25

Final Call (as decided by Board)

5

21

26

Tags

Unlisted SharesPre-IPOInvestmentStock MarketFinance

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