Prabha Energy Limited has informed the Exchange about Copy of Newspaper Publication
PRABHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prabha Energy Limited has informed the exchanges about publishing newspaper advertisements on April 9, 2026, regarding the finalisation of the basis of allotment for its Rights Issue of Equity Shares. The Rights Issue was for an aggregate amount not exceeding Rs. 13,920.85 Lakhs, with the record date set as March 11, 2026. The advertisements were published in compliance with SEBI (ICDR) Regulations, 2018, specifically Regulation 92(1), and contain details about subscription, basis of allotment, and credit date of equity shares. The notices appeared in Financial Express (English national daily), Jansatta (Hindi national daily), and Financial Express Gujarati edition.
The completion of the Rights Issue allotment process means eligible shareholders who participated should expect credit of shares shortly. This represents a successful capital raise for the company, though existing shareholders will face equity dilution.