Abhishek Ashvinbhai Kamdar has disposed of a 3.59% stake in Onix Solar Energy , reducing his total holding to 4.08%.

The disposal involved the sale of 13,24,981 equity shares between August 21, 2026 and September 4, 2026. The transactions were executed through both open market and off-market routes.

Shareholding Changes

Kamdar, who is not part of the promoter group, held 28,27,868 shares (7.67%) prior to the transaction. This included shares held directly and through his Hindu Undivided Family (HUF).

Following the sale, his direct holding stands at 15,02,887 shares. The HUF entity, Abhishek Ashvinbhai Kamdar HUF, now holds zero shares after disposing its entire stake of 17,686 units.

Regulatory Disclosure

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange on September 8, 2026.

Onix Solar Energy’s total equity share capital remains unchanged at ₹36.87 crore, divided into 3,68,67,926 equity shares of ₹10 each.

Onix Solar Energy Limited’s Board of Directors has scheduled its 46th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will address the adoption of FY26 financial statements, director appointments, and significant borrowing powers.

The company notified BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting took place on September 7, 2026, at the corporate office in Rajkot, Gujarat.

AGM Logistics and Voting Details

The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with the Companies Act, 2013, and SEBI Listing Regulations.

Key logistical approvals include:

• Register Closure: The Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026 (both days inclusive).
• E-voting Cut-off: Members holding shares as on Wednesday, September 23, 2026, are eligible to vote.
• Remote E-voting Period: Voting will open on Saturday, September 26, 2026, at 9:00 am and close on Tuesday, September 29, 2026, at 5:00 pm.
• Scrutinizer: Mr. Himansu Togadiya (FCS No. 11822, CP No. 18233) was appointed as the scrutinizer for the e-voting process.
• Facilities: MUFG Intime India Private Limited (formerly Link Intime India Private Limited) will provide InstaVote e-voting and InstaMeet video conferencing facilities. Event No. 260756 has been allotted for the event.

The board authorized the dispatch of the AGM notice and explanatory statement to members, directors, auditors, and other entitled persons.

Board and Auditor Appointments

The AGM agenda includes several key governance resolutions:

• Re-appointment of Director: Mr. Naman Madhavjibhai Viradiya (DIN: 07862991), who retires by rotation, seeks re-appointment as a Non-Executive Director.
• Appointment of Independent Director: Mr. Hitesh Kantilal Bhansali (DIN: 07772001) will be regularized as a Non-Executive Independent Director for a five-year term from July 15, 2026, to July 14, 2031.
• Statutory Auditors: M/s. A H Mandaliya & Associates, Chartered Accountants (Firm Registration No. 146705W), will be appointed as Statutory Auditors for five consecutive years following a casual vacancy in October 2025.

Financial Powers and Borrowing Limits

Shareholders will vote on special resolutions to enhance the company’s financial flexibility:

• Borrowing Powers: Approval is sought under Section 180(1)(c) of the Companies Act, 2013, to borrow up to ₹1,000 crore. This limit applies apart from temporary loans obtained from bankers in the ordinary course of business.
• Loans, Guarantees, and Investments: Under Section 186 of the Companies Act, 2013, the board seeks approval to extend loans, provide guarantees, or make investments up to an aggregate amount of ₹1,000 crore. This enables support for subsidiaries, associates, and joint ventures.

Review of FY26 Financial Inputs

With the permission of the chairperson, the board considered an additional matter regarding the financial results for the year ended March 31, 2026. The directors reviewed inputs, observations, and suggestions from the statutory auditors concerning these financial statements.

After deliberation, the board took note of changes suggested by the auditors and approved necessary consequential modifications to the financial results. The company authorized key managerial personnel to make required filings and disclosures based on these adjustments.

The meeting commenced at 10:30 am and concluded at 11:30 am. Piyush Mansukhbhai Savaliya, Managing Director, signed the intimation.