OnEMI board approves preferential issue of up to approximately ₹832 crore
As filed · OnEMI Technology Solutions Limited has informed the Exchange regarding a press release dated September 18, 2026, titled "OnEMI Technology Solutions Limited s Board Approves Fundraise of approximately
What happened
FactOnEMI Technology Solutions’ Board approved a proposal to raise approximately up to ₹832 crore through a preferential issue of equity shares to identified investors, subject to shareholder and regulatory approvals. The company said 75% of the additional capital will be infused into wholly owned subsidiary Si Creva Capital Services, while 25% will be used for general corporate purposes.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
RevisedWe expect to grow at north of 40% in AUM, with disciplined asset quality and calibrated risk selection, while secured business scale-up is also expected to be strong.
We are targeting gross NPA below 2.25%, year-on-year reduction in impairment costs of 10%-15%, and continued improvement in Stage-1 mix.
Change
FactImplication
CapitSignal interpretationGuidance
WithdrawnWe are targeting gross NPA below 2.25%, year-on-year reduction in impairment costs of 10%-15%, and continued improvement in Stage-1 mix.
We are targeting a return on average AUM in the range of 4.5%-5%, which entails a return on average equity in the range of 19-21%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- We expect to grow at north of 40% in AUM, with disciplined asset quality and calibrated risk selection, while (management committed by FY27)
Evidence
- OnEMI Technology Solutions Limited has informed the Exchange regarding a press release dated September 18, 2026, titled "OnEMI Technology Solutions Limited s Board Approves Fundraise of approximately ₹832 Crore through a Preferential Issue of Securities".(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- The proposed issue would strengthen the company’s capital position and provide funding for lending growth, technology and digital capabilities, product expansion and broader corporate purposes. Completion remains subject to shareholder and requisite regulatory and statutory approvals.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%