Onyx Biotec promoters dispose 12.91% equity stake for ₹8.11 crore

1 min read     Updated on 26 Jun 2026, 09:23 PM
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Promoters Sanjay Jain and Fateh Pal Singh disposed of a combined 12.91% equity stake in Onyx Biotec Limited through open market sales on the NSE. The transactions, executed on June 19, 2026, amounted to a total value of ₹8.11 crore. Following the sale, Jain's holding reduced to 6.18% while Singh's stake stood at 11.57%.

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Promoters Sanjay Jain and Fateh Pal Singh have disposed of a combined 12.91% equity stake in Onyx Biotec Limited through open market transactions on the National Stock Exchange (NSE). The sales, executed on June 19, 2026, were disclosed to the company in compliance with Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The total value of the transactions amounted to ₹8.11 crore, excluding taxes and brokerage charges.

Sanjay Jain sold 10,00,000 equity shares, representing 5.52% of the company's shareholding, for a total consideration of ₹3.41 crore. Prior to the disposal, Jain held 21,20,600 shares (11.70%). Post-transaction, his holding has reduced to 11,20,600 shares, which accounts for 6.18% of the paid-up share capital. The trade was executed on the NSE through the market mechanism.

Fateh Pal Singh divested 13,40,000 equity shares, amounting to 7.39% of the company, for ₹4.70 crore. Before this sale, Singh held 34,37,600 shares (18.96%). Following the disposal, his stake stands at 20,97,600 shares, equating to 11.57% of the equity. Like Jain, Singh executed the trade on the NSE on June 19, 2026, and formally intimated the company on June 23, 2026.

Breakdown of Share Disposal

The following table details the changes in shareholding for both promoters:

Promoter Name Shares Sold % Holding Disposed Sale Value (₹) Pre-Sale Holding Post-Sale Holding
Sanjay Jain 10,00,000 5.52% 3,41,00,000 21,20,600 (11.70%) 11,20,600 (6.18%)
Fateh Pal Singh 13,40,000 7.39% 4,70,34,000 34,37,600 (18.96%) 20,97,600 (11.57%)

Onyx Biotec Limited submitted the disclosures to the NSE on June 24, 2026, under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The confirmations were signed by Harsh Mahajan, CEO/CFO/WTB of the company. Neither promoter reported any trading in derivatives during the relevant period.

Historical Stock Returns for Onyx Biotec

1 Day5 Days1 Month6 Months1 Year5 Years
-3.66%-8.56%-2.12%-1.99%-26.15%-35.07%

What are the promoters' stated reasons for the significant reduction in their shareholding?

How might this divestment impact Onyx Biotec's stock price and investor sentiment in the short term?

Are there plans for the promoters to further reduce their stakes in the near future?

Onyx Biotec confirms no encumbrance on shares in FY26

0 min read     Updated on 03 Jun 2026, 08:48 AM
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Onyx Biotec Ltd. filed a disclosure with the National Stock Exchange of India Limited confirming no encumbrance on shares for FY26. Managing Director Sanjay Jain submitted the declaration on behalf of the promoters under SEBI Takeover Regulations.

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Onyx Biotec Ltd has confirmed that no encumbrance was created on its shares during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Limited, ensures compliance with SEBI regulations regarding substantial acquisition of shares and takeovers.

Managing Director Sanjay Jain provided the declaration on behalf of the promoters, promoter group, and persons acting in concert. The filing confirms that no shares were encumbered directly or indirectly throughout FY26.

The submission was made under Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These regulations require periodic disclosures by promoters to maintain transparency regarding shareholding patterns and any potential charges on shares.

Detail Information
Regulation SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Specific Sections Regulation 31(4) and 31(5)
Financial Year FY26
Period Ended March 31, 2026
Encumbrance Status None

The letter, addressed to the Listing Department of the exchange, was digitally signed by Sanjay Jain on April 07, 2026. The company requested that the information be placed on record and acknowledged.

Historical Stock Returns for Onyx Biotec

1 Day5 Days1 Month6 Months1 Year5 Years
-3.66%-8.56%-2.12%-1.99%-26.15%-35.07%

How will the absence of share encumbrance impact Onyx Biotec's ability to raise future capital?

What does this clean status suggest about the promoters' current financial health and future strategic plans?

Could this disclosure make Onyx Biotec a more attractive target for potential acquisitions or mergers?

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