
Rights Issue3 Jul 2026, 11:54 am
Prabha Energy Sets July 9 Record Date for Rights Issue Final Call
AI Summary
Prabha Energy Ltd has announced July 9, 2026, as the record date to identify eligible shareholders for the second and final call on partly paid-up equity shares. This follows the approval of rights issue terms on March 5, 2026, and the allotment of 96,67,258 partly paid-up equity shares on April 7, 2026. The final call will be for ₹47.52 per share, representing 33% of the issue price, to cover ₹0.33 face value and ₹47.19 premium. The decision was made by the Rights Issue Committee of the Board of Directors.
Key Highlights
- Record date set for July 9, 2026, for rights issue final call.
- Final call amount is ₹47.52 per partly paid-up equity share.
- This call represents 33% of the total issue price.
- 96,67,258 partly paid-up shares were previously allotted on rights basis.
Price Impact
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