Abhishek Ashvinbhai Kamdar and HUF Reduce Stake in Onix Solar Energy through Open Market Transactions
Abhishek Ashvinbhai Kamdar and the HUF holding have executed a series of open market and off-market transactions involving shares of Onix Solar Energy Limited, resulting in a reduction of their stake. The acquisition and sale activities occurred between July 7, 2026, and July 24, 2026.The acquisitions and disposals concern the shareholding of Abhishek Ashvinbhai Kamdar and Abhishek Ashvinbhai Kamdar HUF in Onix Solar Energy Limited, a company listed on the BSE Limited. The acquirer does not belong to any Promoter group.
Prior to the transactions, the collective holding of shares by Abhishek Ashvinbhai Kamdar and Abhishek Ashvinbhai Kamdar HUF stood at 50,74,838 shares, representing 13.76% of the total share/voting capital.
During the specified period, the following activities took place:
| Activity | Shares (Number) | % of Total Share Capital |
|---|---|---|
| Acquisition of Shares (by HUF) | 20,150 | 0.05% |
| Sale of Shares (by Abhishek Ashvinbhai Kamdar) | (11,02,941) | (2.99%) |
The total reduction in voting rights from shares carried by the acquirer was 10,82,791 shares, equivalent to (2.93)% of the total share/voting capital. The mode for both acquisitions and sales was Open Market & Off Market.
After these activities, the holding of shares carrying voting rights stands at 39,92,047 shares, which represents 10.82% of the company's total diluted share/voting capital.
The financial details regarding the stock were as follows:
| Metric | Before Transactions | After Transactions |
|---|---|---|
| Equity Share Capital / Total Voting Capital | Rs. 36,86,79,260/- divided into 3,68,67,926 Equity Shares of Rs. 10/- each | Rs. 36,86,79,260/- divided into 3,68,67,926 Equity Shares of Rs. 10/- each |
| Total Diluted Share / Voting Capital | N/A | Rs. 36,86,79,260/- divided into 3,68,67,926 Equity Shares of Rs. 10/- each |
Stock Price Movement
Onix Solar Energy Ltd shares settled at ₹623.85 on Friday, edging higher by 0.40% in the closing trade. The stock traded within a notable intraday range, hitting a low of ₹618.00 and an upper limit of ₹633.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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