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OnEMI Technology Solutions informs about investment by way of acquisition of equity shares

16 May 2026 Evaluate

Pursuant to Regulation 30 read with Para A of Part A to Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), OnEMI Technology Solutions has informed that the Board of Directors of the Company, at its meeting held today, on May 16, 2026, has approved, pursuant to the objects of the Initial Public Offering (‘IPO’) of the Company, the utilization of the net proceeds received from the fresh issue portion of the IPO towards augmentation of the capital base of Si Creva Capital Services (‘Si Creva’), a wholly owned subsidiary of the Company, by way of an investment aggregating to INR 6,37,50,00,000. The investment shall be made through subscription to 30,00,000 equity shares of face value of INR 10 each at a premium of INR 2,115 per equity share, aggregating to INR 2,125 per equity share, offered by Si Creva on a rights basis. Furthermore, the disclosures as required by SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given as Annexure A.

The above information is a part of company’s filings submitted to BSE.

OnEMI Technology Share Price

270.95 13.25 (5.14%)
12-Jun-2026 16:59 View Price Chart
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