Promoter Entity Sells Shares in Onix Solar Energy Ltd in Off Market Transaction
Onix Renewable Limited, a promoter entity of Onix Solar Energy Ltd, has executed an off market transfer of its equity shares in the company. The transaction details confirm that the entity sold 6,77,340 shares worth 26,07,75,900.The sale resulted in a reduction of Onix Renewable Limited's holding in Onix Solar Energy Ltd stock. Prior to the disposal, the promoter entity held 2,08,07,237 shares, representing 56.4372% of the company’s equity. Following the off market sale, the holding stood at 2,01,29,897 shares, which translates to a 54.60% stake.
The transaction details are summarized in the table below:
| Detail | Prior Holding (Pre-disposal) | Transaction Details | Post Holding (Post-disposal) |
|---|---|---|---|
| Entity | Onix Renewable Limited (Promoter) | Sale of Equity Shares | Onix Renewable Limited |
| Shares Held | 2,08,07,237 shares (56.4372%) | 6,77,340 shares sold | 2,01,29,897 shares (54.60%) |
| Transaction Type | N/A | Off Market | N/A |
| Value of Shares Sold | N/A | 26,07,75,900 | N/A |
The transaction was intimated to the company on June 12, 2026. The sale involved the transfer of equity shares and is recorded under the promoter category.
Stock Price Movement
Onix Solar Energy Ltd settled at ₹654.85 on Friday, registering a 2.00% dip in its shares. The stock remained completely flat throughout the trading session, holding firm at that single price point.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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