Prabha Energy Board Approves Q1 FY27 Results, Director Re-appointments, and QIP

Prabha Energy Ltd's Board of Directors met on July 30, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026. The board also approved the re-appointment of Mr. Prem Singh Sawhney as Executive Director for three years from February 20, 2027, and Mrs. Shaily Dedhia as Independent Director for a second five-year term from June 27, 2027, both subject to shareholder approval. Additionally, the company plans to raise up to ₹150 Crores through a Qualified Institutions Placement (QIP). The meeting also took note of the Limited Review Report from statutory auditors M/s Mahendra N. Shah & Co.