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Onida Electronics Ltd successfully conducted its 45th Annual General Meeting on September 23, 2026, via video conferencing, transacting all scheduled business items as planned.
Onida Electronics allotted 73,86,362 convertible warrants at ₹35.20 each, raising funds via a preferential issue. This capital event involves three investors.
Onida Electronics allotted 73,86,362 warrants to three public investors on a preferential basis. Each warrant is convertible into one equity share at ₹35.20 per unit.
Onida Electronics Limited has notified shareholders who have not registered email addresses about accessing the Annual Report and reminded them to complete mandatory KYC updates.
Onida Electronics will hold its 45th Annual General Meeting on September 23, 2026, via video conference. The agenda includes financial statements and director and auditor appointments.
Onida Electronics announced a mutual settlement with a workers' union at its Wada factory. Consequently, majority of the permanent workmen have tendered their resignations.
Onida reported Q1FY27 revenue of ₹182.4 Cr, up 29.5% YoY, driven by strong LED TV and AC sales. Gross margins improved to 17.3% despite a net loss of ₹14.2 Cr.
Onida is attempting a '2.0' turnaround with a new leadership team, shifting from a push to a pull brand strategy. While revenue grew 29.5% YoY, the company remains loss-making with an expanded net loss.
Onida Electronics Limited reported a 29.5% year-on-year revenue growth to ₹182.4 crore for Q1FY27. Performance was driven by strong demand in LED TV and Air Conditioner segments.
Onida Electronics Limited has allotted equity shares under its employee stock option (ESOP) scheme. This allotment increases the company's paid-up share capital.
Onida Electronics Ltd reported revenue from operations of ₹182.4 Cr (+29.5% YoY) and a net loss of ₹14.2 Cr for Q1 FY27.