Onix Solar Energy Ltd to Hold Board Meeting on April 17, 2026, to Consider Fundraising Proposals
Onix Solar Energy Ltd, formerly known as ABC GAS (INTERNATIONAL) LIMITED, has scheduled a meeting of its Board of Directors to discuss strategic financial initiatives. The meeting is set for Friday, April 17, 2026, and will be conducted via video conference.The primary focus of the board meeting is a proposal regarding the raising of funds. The board plans to consider the issuance of equity shares and/or other permissible securities. This fundraising effort could include a rights issue or utilize any other mode permitted under applicable law.
Additionally, the agenda allows for the discussion of any other items with the permission of the chairperson.
The board meeting is being held in the context of Onix Solar Energy Ltd's continuing operations. The company's Managing Director is Piyush Savaliya.
Stock Price Movement
Onix Solar Energy Ltd shares settled at ₹872.30 on Monday, marking a strong close and gaining 1.99% for the day. The stock’s performance throughout the day saw it move across a wide range, bouncing between a low of ₹859.50 and a high of ₹872.35.Source:
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