Prabha Energy Limited has informed the Exchange regarding Outcome of Committee Meeting held on March 23, 2026.
PRABHA · price
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Prabha Energy Limited has issued a corrigendum to its earlier Rights Issue Committee Meeting outcome dated March 23, 2026, due to typographical errors in the original communication. The on-market trading in Rights Entitlements (REs) has been pushed back from March 23, 2026 to March 30, 2026. The Rights Issue Closing Date has been extended by 10 days, from March 27, 2026 to April 6, 2026. The Rights Issue Opening Date remains unchanged at March 20, 2026. All other terms and conditions of the Letter of Offer remain the same, and the company has confirmed compliance with SEBI LODR and ICDR regulations.
Eligible shareholders get 10 extra days to subscribe to the rights issue, giving them more time to decide. The change is purely a procedural correction to the timetable and does not alter the size, price, or terms of the issue itself.