KUBERGROW TEAM ORL Rights Issue 2025-26: Complete Step-by-Step Guide for Shareholders
The ORL Rights Issue 2025-26 has been officially announced by Onix Renewable Limited for its existing shareholders. If you held shares of the company as on the record date, you are eligible to participate in this rights offering at a special price with a partly paid structure.
This guide explains eligibility, important dates, the CAF form process, payment steps, and the documents required to successfully apply in the ORL Rights Issue 2025-26 without rejection.
Key Highlights of ORL Rights Issue 2025-26
- Rights Ratio: 1 Rights Share for every 1 Share held
- Record Date: 30 March 2026
- Issue Price: ₹51 per share (₹10 Face Value + ₹41 Premium)
- Partly Paid Structure:
- ₹25 payable on application
- ₹26 payable later as Final Call
- Issue Opens: 2 April 2026
- Issue Closes: 16 April 2026
- Last date for receipt of application: 17 April 2026 (5 PM)
Under the ORL Rights Issue 2025-26, shareholders only pay ₹25 now and the remaining ₹26 when the company announces the final call.
Who is Eligible for ORL Rights Issue 2025-26
Any shareholder whose name appeared in the company records as on 30 March 2026 can apply.
If shares are held in physical form, you must open a Demat account before applying, as allotment will happen only in Demat form.
Options Available to Shareholders
The ORL Rights Issue 2025-26 gives shareholders four choices:
- Apply for full rights entitlement
- Apply for part and renounce part
- Renounce full rights to another person
- Apply for rights shares and also request additional shares
This flexibility allows investors to either participate fully or transfer their rights.
Step 1 – Fill the CAF for ORL Rights Issue 2025-26
Shareholders must fill the Composite Application Form (CAF):
- Part A – Apply for rights shares and additional shares
- Part B – Renounce rights
- Part C – Renouncee applies
If you have not received the form, download it from the official website of Onix Renewable Limited.
Step 2 – Payment Process for ORL Rights Issue 2025-26
Make payment of ₹25 per share as application money via online bank transfer.
Bank Details
- Account Name: Onix Renewable Limited
- Bank: Canara Bank, Metoda Branch
Mention the UTR number clearly in the CAF form to avoid rejection.
Step 3 – Send Documents Before Deadline
Courier or submit the filled CAF with documents before 17 April 2026, 5 PM to the company’s registered address.
Incomplete forms, missing PAN, or missing Demat details will lead to rejection in the ORL Rights Issue 2025-26.
Documents Required
- Filled and signed CAF
- Self-attested PAN copy
- DP ID and Client ID
- Payment proof (UTR / cheque / DD)
Important Things Shareholders Must Know
- This is a partly paid share. Only ₹25 is paid now. ₹26 will be called later.
- If you do not apply, your entitlement will lapse.
- Rights can be transferred to another person using the renunciation section.
- You can apply for additional shares beyond your entitlement.
- Refunds, if any, are processed within 15 days.
About Onix Renewable Limited
Onix Renewable Limited operates in EPC for ground-mounted solar projects, solar module manufacturing, renewable infrastructure, and has executed over 500 MW of projects. The company is expanding into solar PV manufacturing, strengthening its position in the renewable energy sector.
For queries, shareholders can contact the company directly at cs@onixgroup.in or +91 73000 17000.
Final Checklist Before Applying
- Demat account active
- CAF correctly filled
- PAN attached
- UTR number mentioned
- Documents sent before deadline
Following this checklist ensures smooth participation in the ORL Rights Issue 2025-26 without errors or rejection.
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Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult financial advisors before making any investment decisions.
