Onix Solar Energy
721.90
+7.10(+0.99%)
Market Cap₹1,479.45 Cr
PE Ratio96.46
Company Performance:
1D+0.99%
1M+2.00%
6M+50.36%
1Y+62.13%
5Y+7,126.23%
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More news about Onix Solar Energy
14Dec 25
Onix Solar Energy Limited Continues Board Restructuring with New Director Appointments
Onix Solar Energy Limited continues its board restructuring by appointing two new non-executive directors with renewable energy expertise. Mr. Hardik Adhiya brings international business qualifications and diverse renewable energy experience, while Mr. Naman Viradiya contributes electrical engineering background and transmission sector experience.
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10Dec 25
Onix Solar Energy Secures ₹148.80 Crore Solar Module Order from Vikran Engineering
Onix Solar Energy has received a ₹148.80 crore order from Vikran Engineering for solar modules with a three-month completion timeline. This significant contract represents a major business development for the company in the renewable energy sector, demonstrating its capability to secure and execute large-scale solar module supply projects.
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30Nov 25
Onix Solar Energy Reports Significant Revenue Growth in Q2 FY26, Despite Quarterly Loss
Onix Solar Energy Limited reported a substantial revenue increase for Q2 FY26, with revenue from operations growing to 4,336.63 from 13.00 in Q2 FY25, marking a 33,258.69% year-over-year growth. However, the company faced profitability challenges, reporting a net loss of 75.54 for the quarter. The half-year results show revenue of 8,846.68 and a net profit of 17.59, indicating overall profitability despite quarterly volatility. Historical data reveals rapid growth, with revenue increasing from 0.00 in FY24 to 29.80 in FY25. The company's Operating Profit Margin improved to 3.78% in FY25, up from negative margins in previous years, suggesting improved operational efficiency.
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17Oct 25
Onix Renewable Limited Announces Open Offer for 6.44% Stake in Onix Solar Energy at ₹264 Per Share Following Majority Stake Acquisition
Onix Renewable Limited has significantly increased its stake in Onix Solar Energy Limited from 14.29% to 91.72% through a preferential allotment of 1,85,13,885 shares. The acquisition, completed on October 13, 2025, was followed by an announcement of an open offer to acquire an additional 6.44% stake at ₹264.00 per share. The total share capital of Onix Solar Energy has expanded from 19,80,000 to 2,04,93,885 shares.
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15Oct 25
Onix Renewable Limited Announces Open Offer for 6.44% Stake in Onix Solar Energy at ₹264 Per Share
Onix Renewable Limited has made an open offer to acquire 16,27,698 equity shares (6.44% stake) in Onix Solar Energy Limited at ₹264.00 per share, totaling ₹42,97,12,272.00. The offer price represents a premium over the current market price and the 60-day volume-weighted average. The Independent Directors Committee has deemed the offer fair and reasonable. The offer complies with SEBI regulations and is open to all eligible shareholders.
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13Oct 25
Onix Solar Allots 1.85 Crore Shares to Acquire 99.99% Stake in Nexgenix Solar Manufacturing
Onix Solar Energy Limited has allotted 1.85 crore equity shares at Rs. 264.00 per share to Onix Renewable Limited, acquiring a 99.99% stake in Nexgenix Solar Manufacturing Private Limited. The total consideration for the transaction is Rs. 488.77 crore. This strategic move will increase Onix Solar's paid-up capital from Rs. 19.80 crore to Rs. 20.49 crore. Onix Renewable Limited will be reclassified as a promoter and is required to make an open offer for 6.44% of Onix Solar's emerging voting share capital at Rs. 264.00 per share.
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08Aug 25
ONIX Solar Energy Announces Key Changes in Compliance Leadership
Onix Solar Energy Limited has made significant changes to its compliance team. Ms. Padma Tapariya has resigned as Company Secretary & Compliance Officer. Mr. Lavesh Kumar Gupta, an Associate Member of ICSI with three years of experience, has been appointed as the new Company Secretary & Compliance Officer and Key Managerial Personnel, effective August 8, 2025. Mr. Gupta holds a Bachelor of Commerce degree and is not related to any Director, KMP, or Promoter. He does not hold any shares in the company.
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04Aug 25
Onix Solar Energy's Company Secretary Padma Tapariya Resigns for Better Career Opportunity
Ms. Padma Tapariya has resigned as Company Secretary and Compliance Officer of Onix Solar Energy Limited, effective August 1, 2025, citing 'better career opportunity'. The company is actively searching for a suitable replacement and plans to appoint within prescribed timelines. The resignation was disclosed in a regulatory filing to BSE Limited on August 4, 2025, in compliance with SEBI regulations.
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17Jun 25
Ola Revolutionizes Driver Earnings with Nationwide 0% Commission Model
Ola has implemented a 0% commission model for drivers across India, allowing them to retain 100% of their fare earnings. This applies to all ride categories including autos, bikes, and cabs, with no limits on earnings or number of rides. Drivers can choose their own plans, enhancing flexibility. This move could significantly impact the ride-hailing industry, potentially setting a new standard for driver compensation and affecting Ola's business model and pricing structure.
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Onix Solar Energy
721.90
+7.10
(+0.99%)
1 Year Returns:+62.13%
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