Prabha Energy Limited has informed the Exchange regarding Outcome of Committee Meeting held on May 04, 2026.
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Prabha Energy Limited's Rights Issue Committee has fixed May 8, 2026 as the Record Date to identify eligible shareholders of partly paid-up equity shares for the first call notice. The company had previously allotted 96,67,258 partly paid-up equity shares of face value ₹1 each at an issue price of ₹144 per share on a rights basis (as intimated on April 7, 2026). The first call amount is ₹47.52 per share, representing 33% of the issue price, comprising ₹0.33 towards face value and ₹47.19 towards share premium. The committee meeting lasted 30 minutes.
Shareholders who hold partly paid-up rights shares will need to pay ₹47.52 per share by the deadline stated in the call notice. Failure to pay may result in forfeiture of shares, impacting their holding and potentially causing dilution or loss.