Onix Solar Energy promoter Onix Renewable Limited acquired 10,83,000 shares through an open market transaction on August 25, 2026. The acquisition increased the promoter group’s stake by 2.94%, bringing the total holding to 53.75% of the company’s voting capital.

Transaction details

The share acquisition was executed via the open market route, reflecting a direct increase in promoter holding in the company. The details of the transaction are presented below.

Holding pattern

Prior to this transaction, Onix Renewable Limited held 1,87,34,885 shares, representing 50.82% of the total voting capital. Following the acquisition, the promoter’s holding stands at 1,98,17,885 shares, or 53.75%.

Open market acquisitions by promoters are disclosed as part of regulatory reporting requirements under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Such transactions result in a change in the promoter's shareholding in the company.

Abhishek Ashvinbhai Kamdar disposed of a 3.15% stake in Onix Solar Energy through off-market and on-market transactions in August 2026.

The sale involved 11,64,179 shares carrying voting rights, executed between July 27, 2026 and August 20, 2026. The disclosure was filed with the Bombay Stock Exchange on August 24, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Changes

Before the disposal, Abhishek Ashvinbhai Kamdar held 39,71,897 shares (10.77%). His Hindu Undivided Family (HUF) held an additional 20,150 shares (0.05%), bringing the combined holding to 10.82%.

Following the transaction, his individual holding dropped to 28,10,182 shares (7.62%). The HUF holding decreased to 17,686 shares (0.05%). The total combined stake now stands at 28,27,868 shares, representing 7.67% of the company’s total voting capital.

The acquirer is not part of the promoter or promoter group. There were no encumbrances, pledges, or liens on the shares before or after the transaction.

What the Numbers Show

The reduction in stake is driven entirely by the disposal of equity shares. No convertible securities or warrants were involved in the transaction. The company’s total equity share capital remains unchanged at ₹36,86,79,260, divided into 3,68,67,926 equity shares of ₹10 each.