Prabha Energy Limited (PRABHA) — Corporate Action
📢 Key Event
Rights Issue Committee approved allotment of 9,667,258 shares at Rs 144 per share.
🔄 What Changed
Paid-up capital increased with 9,667,258 partly paid-up shares added.
🔮 What's Next
Balance amount payable on subsequent two calls as determined by the Board.
💡 Investor Takeaway
Shareholders will receive new shares but must pay remaining Rs 95.04 per share in future calls.
Prabha Energy Limited approved the allotment of 9,667,258 partly paid-up equity shares at Rs 144 per share (including Rs 48.96 paid on application) through its Rights Issue Committee meeting on April 7, 2026, modifying the paid-up capital to 13,69,05,531 fully paid-up shares and 96,67,258 partly paid-up shares.
About Prabha Energy Limited (PRABHA)
Oil Gas & Consumable Fuels · Oil · Listed on NSE
Market Cap: ₹2,315.89 Cr
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.