Outcome of Rights Issue Committee Meeting
PRABHA · price
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Prabha Energy Limited has fixed May 08, 2026 as the Record Date for the first call notice on partly paid-up equity shares issued on rights basis. The company had earlier allotted 96,67,258 partly paid-up equity shares of face value ₹1 each at an issue price of ₹144 per share. The first call payment of ₹47.52 per share (33% of issue price, comprising ₹0.33 towards face value and ₹47.19 towards premium) will now be sent to eligible shareholders. The Rights Issue Committee meeting was held on May 04, 2026 and lasted 30 minutes.
Existing shareholders who received rights shares will need to pay the first call money of ₹47.52 per share by the deadline. This is the second installment after the initial payment made at the time of allotment.