Prabha Energy Limited has informed the Exchange regarding Outcome of Committee Meeting held on April 07, 2026.
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Prabha Energy Limited's Rights Issue Committee has approved the allotment of 96,67,258 partly paid-up equity shares with face value of Rs. 1 each. These shares were issued to eligible equity shareholders at Rs. 144 per share (including Rs. 143 premium). Upon application, Rs. 48.96 per share was collected, with the balance payable over two subsequent calls as determined by the Board. Following this allotment, the company's paid-up capital now comprises 13,69,05,531 fully paid-up shares and 96,67,258 partly paid-up shares.
Existing shareholders received additional partly paid-up shares on a rights basis, diluting their ownership percentage unless they participated fully. The partly paid structure allows shareholders to pay in installments rather than upfront.