Description
BSE announces listing and trading permission for 4,576,305 new equity shares of ONIX SOLAR ENERGY LIMITED issued on rights basis, effective March 12, 2026.
Summary
BSE has notified trading members that 4,576,305 new equity shares of ONIX SOLAR ENERGY LIMITED (Scrip Code: 513119) are listed and permitted to trade on the Exchange with effect from Thursday, March 12, 2026. The shares were issued on a rights basis at a premium of Rs. 536.00 over the face value of Rs. 10.00 each.
Key Points
- 4,576,305 equity shares of Rs. 10.00 each issued at a premium of Rs. 536.00 (total issue price Rs. 546.00 per share)
- Issued on rights basis; ISIN: INE173M01012
- Distribution numbers: 20493886 to 25070190
- Date of allotment: March 9, 2026
- Shares rank pari-passu with existing equity shares of the company
- Trading commences on BSE from March 12, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification pursuant to a completed rights issue.
Compliance Requirements
Trading members are informed to update their systems to permit trading in the newly listed securities of ONIX SOLAR ENERGY LIMITED (Scrip Code: 513119) from March 12, 2026 onwards.
Important Dates
- Date of Allotment: March 9, 2026
- Effective Date of Listing/Trading: March 12, 2026
Impact Assessment
Limited market impact. The listing increases the equity share count of ONIX SOLAR ENERGY LIMITED following its rights issue. Existing shareholders who exercised their rights will have their new shares available for trading from March 12, 2026. No broader market or systemic implications.
Impact Justification
Routine listing of new securities from a rights issue for a single small-cap company; no broad market or regulatory implications.