Rights Issue4 May 2026, 06:51 pm
Prabha Energy: Record Date Fixed for Rights Issue Call
AI Summary
Prabha Energy Ltd's Rights Issue Committee has fixed Friday, May 08, 2026, as the record date for ascertaining eligible shareholders of partly paid-up equity shares. This is for the purpose of sending the first call notice for payment of ₹47.52 per rights equity share, which includes ₹0.33 towards face value and ₹47.19 towards premium, representing 33% of the issue price of ₹144.00. The meeting was held on May 04, 2026, from 6:00 p.m. to 6:30 p.m.
Key Highlights
- Prabha Energy sets May 08, 2026, as record date for rights issue call.
- First call is for ₹47.52 per share (₹0.33 face value, ₹47.19 premium).
- Call represents 33% of the ₹144.00 issue price.
- The decision was made at the Rights Issue Committee meeting on May 04, 2026.
Price Impact
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