ONIX SOLAR ENERGY Closes Trading Window April 1 for FY26 Results

ENERGY
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AuthorAarav Shah|Published at:
ONIX SOLAR ENERGY Closes Trading Window April 1 for FY26 Results
Overview

ONIX SOLAR ENERGY LIMITED will close its trading window for designated employees starting April 1, 2026. This measure, in line with SEBI rules, prevents insider trading before the company announces its audited financial results for the fiscal year ending March 31, 2026. The window will reopen 48 hours after the results are posted.

ONIX SOLAR ENERGY LIMITED is temporarily halting trading for its designated personnel from April 1, 2026. This closure is in preparation for the company's announcement of its audited financial results for the fiscal year ended March 31, 2026.

The move aligns with SEBI regulations and the company's internal code of conduct, designed to prevent insider trading and ensure fair market practices. The trading window is expected to reopen 48 hours after the financial results are officially released. The date for the Board of Directors' meeting to approve these results will be announced separately.

In its most recent financial update for the third quarter of FY2026, ONIX SOLAR ENERGY reported a significant increase in net profit, which rose to ₹14.37 crore. This marks a year-on-year surge of 128.57%. However, revenue from operations saw a substantial decline, falling by 72.07% to ₹16.24 crore during the same period.

The company has faced regulatory attention. In February 2026, cases were filed by the Economic Offences Wing regarding alleged fake bank guarantees totaling around ₹250 crore linked to Maharashtra's solar scheme, involving related entities. ONIX SOLAR ENERGY stated it was not named as an accused party in the FIR and that projects were managed through third parties, with remedial actions implemented. In March 2026, the company also submitted a revised disclosure concerning share encumbrance to the BSE.

With the trading window closed, company insiders are prohibited from trading ONIX SOLAR ENERGY shares until after the results are announced and the 48-hour post-announcement period concludes. Investors will be monitoring the upcoming full-year financial figures and any developments concerning the ongoing investigations.

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