Quarterly Result30 Jul 2026, 08:02 pm
Prabha Energy Board Approves Q1 FY27 Results; Plans ₹150 Cr QIP
AI Summary
Prabha Energy Ltd's Board of Directors met on July 30, 2026, approving the unaudited 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, effective February 20, 2027, and Mrs. Shaily Dedhia as Independent Director for a second term of five years, effective June 27, 2027. Additionally, the board approved a proposal to raise funds up to ₹150 Crores through a Qualified Institutions Placement (QIP), subject to shareholder and regulatory approvals.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- Mr. Prem Singh Sawhney re-appointed Executive Director for 3 years.
- Mrs. Shaily Dedhia re-appointed Independent Director for 5 years.
- Company approved raising up to ₹150 Crores via QIP.
Price Impact
More from PRABHA