
Rights Issue3 Jul 2026, 11:48 am
Prabha Energy Sets July 9 as Record Date for Rights Issue Call
AI Summary
Prabha Energy Ltd has announced that its Rights Issue Committee has fixed July 9, 2026, as the record date to determine eligible shareholders for the second and final call on partly paid-up equity shares. This call pertains to the allotment of 96,67,258 partly paid-up equity shares made on a rights basis. Shareholders will be required to pay ₹47.52 per share, representing 33% of the issue price of ₹144.00, which includes ₹0.33 towards face value and ₹47.19 towards premium. This action follows the initial approval of the rights issue terms on March 5, 2026, and the allotment intimation on April 7, 2026.
Key Highlights
- Record date set for July 9, 2026, for rights issue call.
- Final call payment of ₹47.52 per share due.
- Second and final call notice to be sent to eligible shareholders.
- 96,67,258 partly paid-up equity shares involved in the call.
Price Impact
More from PRABHA