OnEMI Technology Solutions Limited announced the approval of a substantial investment totaling ₹6,241.49 crore through a rights issue. This capital infusion will be channeled into its wholly-owned subsidiary, Si Creva Capital Services Private Limited. The proceeds are intended for the subsidiary’s capital requirements and to support its business growth. The company also reported its unaudited financial results for the quarter and half-year ended September 30, 2026.
Strategic Capital Infusion Approved
OnEMI Technology Solutions Limited’s Board of Directors has given the green light to a significant capital commitment, approving an investment of INR 6,24,14,94,972.24 (approximately ₹6,241 crore) through a rights issue. This funding will be deployed via the subscription of 23,37,516 equity shares in its wholly-owned subsidiary, Si Creva Capital Services Private Limited.
Subsidiary Growth and Capital Utilization
The investment aims to augment the capital base of Si Creva and meet its future capital requirements driven by business growth. At least 75% of the proceeds from this rights issue are earmarked for Si Creva, reinforcing the company’s strategic focus on its subsidiary’s expansion. The investment is structured as a cash consideration at a price of INR 2,670.14 per equity share, including a premium of INR 2,660.14.
Unaudited Financial Results
In addition to the investment approval, OnEMI Technology Solutions Limited also announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board has approved these results, which were based on a review and recommendation by the Audit Committee. The Statutory Auditors have provided an unmodified opinion on the Limited Review Report for these results.
Key Financial Highlights (Consolidated)
For the quarter ended September 30, 2026, the company reported a profit after tax of ₹125.12 crore. The half-year ended September 30, 2026, saw a profit after tax of ₹220.19 crore. Total income for the quarter was ₹740.29 crore, while the half-year income reached ₹1,416.84 crore.
Key Financial Highlights (Standalone)
On a standalone basis, profit after tax for the quarter ended September 30, 2026, stood at ₹71.87 crore, with profit after tax for the half-year at ₹123.80 crore. Total income for the standalone quarter was ₹303.00 crore, and for the half-year, it was ₹530.31 crore.
Source: BSE
