Rights Issue18 Sept 2026, 03:17 pm
Prabha Energy approves reminder notices for Rights Issue call money
AI Summary
Prabha Energy Limited's Rights Issue Committee, in a meeting on September 18, 2026, approved the issuance of 'Reminder cum Forfeiture Notices' to holders of partly paid-up equity shares who have not yet paid the First Call and/or Second and Final Call money. Each call amounts to ₹47.52 per Rights Equity Share, representing 33% of the ₹144.00 issue price. The payment period for these outstanding amounts is from September 24, 2026, to October 08, 2026. The notices, along with instructions and payment slips, are available on the company's website.
Key Highlights
- Committee approved reminder-cum-forfeiture notices for unpaid call money.
- Notices issued to holders of partly paid-up equity shares.
- First Call and Second/Final Call each amount to ₹47.52 per share.
- Payment period for outstanding calls is September 24 to October 08, 2026.
- Failure to pay may result in forfeiture of partly paid-up shares.
Price Impact
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