
Rights Issue11 May 2026, 09:31 pm
Prabha Energy: First Call Notice for Partly Paid Shares
AI Summary
Prabha Energy Ltd announced a first call of ₹47.52 per partly paid-up equity share (comprising ₹0.33 towards paid-up value and ₹47.19 towards premium) related to its rights issue from March 5, 2026. The record date for determining eligible shareholders is May 8, 2026. The payment period is from May 26, 2026, to June 9, 2026. Trading of the partly paid-up shares has been suspended from May 8, 2026. Interest at 10% p.a. will be charged for late payments, and shares may be forfeited for non-payment.
Key Highlights
- Prabha Energy announces first call of ₹47.52 per partly paid share.
- Record date for first call eligibility is May 8, 2026.
- First call payment period is May 26, 2026 to June 9, 2026.
- Late payments incur 10% p.a. interest; shares may be forfeited.
- Trading of partly paid shares suspended from May 8, 2026.
Price Impact
More from PRABHA