Prabha Energy Limited has informed the Exchange about General Updates
PRABHA · price
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Prabha Energy Limited has issued a First Call Notice requiring shareholders to pay ₹47.52 per partly paid-up equity share. This is part of a rights issue where the company had allotted partly paid-up shares at ₹144 each in March 2026, with shareholders having paid only ₹48.96 as application money. The remaining ₹95.04 per share is to be paid in calls. The First Call Record Date was May 8, 2026, and shareholders have until June 9, 2026 to make payment. Trading in these partly paid-up shares has been suspended from May 8, 2026. Non-payment attracts 10% interest per annum and can result in share forfeiture.
Shareholders who hold partly paid-up equity shares from the rights issue must pay ₹47.52 per share by June 9, 2026 or face interest penalties and potential share forfeiture. Those unable or unwilling to pay should consider selling their partly paid-up shares before trading suspension, though liquidity in these shares may be limited.