Prabha Energy Limited has issued a reminder cum final call notice to shareholders regarding payment obligations for its rights issue.

Key Quantitative Figures

  • Issue Price per Rights Equity Share: ₹144.00 (including premium of ₹143.00)
  • First Call Amount: ₹47.52 per share (₹0.33 paid-up value + ₹47.19 premium)
  • Second and Final Call Amount: ₹47.52 per share (₹0.33 paid-up value + ₹47.19 premium)
  • Application Money Already Received: ₹48.96 per share (₹0.34 paid-up value + ₹48.62 premium)
  • Total Payment Due per Share: ₹95.04 (for both calls combined)
  • Rights Issue Ratio: 5 partly paid rights equity shares for every 14 fully paid-up equity shares

Important Dates

  • Rights Issue Record Date: March 11, 2026
  • Allotment Date: April 07, 2026
  • First Call Record Date: May 08, 2026
  • Second and Final Call Record Date: July 09, 2026
  • Trading Suspension Date: July 08, 2026 (close of trading hours)
  • Payment Deadline: August 11, 2026
  • Expected Trading Commencement: Within 3 weeks from August 11, 2026 (approximately early September 2026)

Parties Involved

  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited
  • Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Collection Bank: ICICI Bank Limited
  • Contact Person: Mrs. Nikita Agarwalla, Company Secretary and Compliance Officer

Payment Instructions

Payment must be made in full for both calls simultaneously - no partial payments accepted. Payment methods include:

  • ASBA (Online and Physical)
  • Cheque/Demand Draft payable to:
  • Resident Shareholders: "PRABHA ENERGY LIMITED-CALL MONEY RESIDENT ACCOUNT"
  • Non-Resident Shareholders: "PRABHA ENERGY LIMITED-CALL MONEY NON-RESIDENT ACCOUNT"
  • Through 3-in-1 online trading-demat-bank accounts

Payment must be made at designated ICICI Bank branches across 45+ cities in India or sent via registered post to MUFG Intime India Private Limited in Mumbai.

Consequences of Non-Payment

  • Company may deduct outstanding amounts from future dividends
  • Partly paid-up equity shares, including amounts already paid, may be forfeited
  • Forfeiture will be in accordance with Companies Act 2013, Articles of Association, and the Letter of Offer

ISIN and Trading Details

  • Current ISIN for partly paid shares: IN90I0M01022 (face value ₹1, ₹0.67 paid-up)
  • New ISIN for fully paid shares: INE0I0M01023
  • Trading suspended since July 08, 2026

Additional Requirements

  • PAN mandatory for all shareholders
  • PAN must be linked with Aadhaar
  • Signatures must match specimen records with depository/SCSB
  • No third-party bank account payments accepted