Abhishek Ashvinbhai Kamdar and HUF sold 1,262,148 shares of Onix Solar Energy Ltd on July 6, 2026. This reduces their stake from 17.18% to 13.76%. The sale was via the open market.

Onix Solar Energy Sees 3.42% Stake Sale by Abhishek Kamdar

Abhishek Ashvinbhai Kamdar, along with his Hindu Undivided Family (HUF), has sold 1,262,148 equity shares of Onix Solar Energy Ltd. The transaction occurred on July 06, 2026, through an open market sale.

This divestment amounts to a 3.42% reduction in the seller's total equity stake in the company. Following the sale, their holding in Onix Solar Energy has decreased from 17.18% (6,336,986 shares) to 13.76% (5,074,838 shares).

Reader Takeaway: Open market sale reduces substantial shareholding; ongoing liquidity for selling shareholder.

What just happened

Abhishek Ashvinbhai Kamdar and the HUF have completed the sale of 1,262,148 equity shares in Onix Solar Energy Ltd. The shares were sold on the open market on July 6, 2026.

Why this matters

This transaction signifies a notable change in the company's substantial shareholding pattern. A reduction of 3.42% from a significant shareholder like Mr. Kamdar may influence investor sentiment.

The backstory

Prior to this sale, Abhishek Ashvinbhai Kamdar and HUF held 17.18% of Onix Solar Energy Ltd's total equity. The company's total equity share capital stands at 36,867,926 shares.

What changes now

The shareholding structure of Onix Solar Energy Ltd has been altered, with Mr. Kamdar's stake now standing at 13.76%. The seller is confirmed not to be part of the Promoter or Promoter group.

Risks to watch

While the sale was conducted on the open market and the seller is not a promoter, a significant reduction in stake by a substantial shareholder could be perceived negatively by some investors.

Context metrics (time-bound)

On July 06, 2026, Abhishek Ashvinbhai Kamdar and HUF sold 1,262,148 equity shares, representing 3.42% of the total equity. Their holding reduced from 17.18% to 13.76%.