Prabha Energy Limited has informed the Exchange about Copy of Newspaper Publication
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Prabha Energy Limited has published a First Call Notice in major newspapers (Financial Express in English and Gujarati, Jansatta in Hindi) regarding the first call payment on partly paid-up equity shares issued under a Rights Issue. Shareholders holding partly paid shares are required to make the first call payment by the deadline specified in the notice. The notice warns that failure to pay may result in forfeiture of shares. The company published this advertisement on May 13, 2026.
Existing shareholders who hold partly paid shares must take action to avoid forfeiture of their shares. This is a mandatory corporate action where non-compliance leads to loss of equity. The Rights Issue structure means existing shareholders' holdings may face dilution if they do not participate.