Rights Issue Committee approves conversion of partly paid shares to fully paid

Corporate Actions View source PDF Explain this filing

PRABHA · price

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Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹208.00

prior close

₹206.73

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%+1.7% vs market

Oil Exploration & Production peers, median of 5sector+0.1%-0.1% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 0.1 pts less than its Oil Exploration & Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.2

15m

-0.1

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-1.7+1.7+0.1-0.1

Next day

-8.3-4.2-4.0-0.6-7.7

-11.1-5.2-5.9-0.5-10.6

-17.0-7.4-9.6+0.6-17.6

-12.1-7.0-5.0+2.2-14.3

-11.5-5.5-6.1+2.8-14.3

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15d

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UpDownMarket · Nifty Microcap 250Sector · Oil Exploration & Production peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Prabha Energy's Rights Issue Committee approved conversion of 1,09,974 partly paid-up Rights Equity Shares (face value Rs 1) into fully paid-up equity shares. Of these, 93,569 were 67 percent paid-up and 16,405 were 34 percent paid-up. This follows receipt of First Call and Second and Final Call monies from rights issue allottees.

Likely market impact

Routine corporate action post call money receipt. No material impact on share price; increases fully paid-up share count.