PRABHABSEPrabha Energy LtdLowNeutral
Announced Tue, 24 Feb · 21:01 IST

Prabha Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/02/2026 ,inter alia, to consider and approve We wish to inform you that, pursuant ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prabha Energy Ltd has informed the stock exchanges that a meeting of its Rights Issue Committee is scheduled for February 27, 2026. The committee will consider and approve key terms of a proposed rights issue, including the issue price, issue size, record date, and Rights Entitlement ratio. These decisions are subject to receiving in-principle approval from stock exchanges and other regulatory authorities. The company has a registered office in Ahmedabad and operates in the power/energy sector (CIN: L40102GJ2009PLC057716). No specific numbers on issue size, price, or ratio have been disclosed yet — those will come after the meeting.

Likely market impact

For shareholders, this is a preliminary notice that a rights issue is being planned. If approved, existing shareholders may get an opportunity to subscribe to additional shares in proportion to their holdings, which could dilute non-participating investors. Watch for the post-meeting announcement on February 27 for actual terms like issue price, discount, and record date.