PRABHA NSE filing

Prabha Energy Issues Reminder for First Call and Notice for Second & Final Call Money

The RealCase readMedium impact Neutral

Prabha Energy Limited is reminding shareholders about the outstanding First Call Money and issuing a notice for the Second and Final Call Money on partly paid-up equity shares. The payment for both calls, totaling ₹95.04 per share (₹47.52 for First Call and ₹47.52 for Second & Final Call), is due by August 11, 2026. Trading in these shares has been suspended since July 8, 2026.

Why it matters

This announcement directly impacts shareholders who hold partly paid-up shares from the rights issue, as it mandates payment by a specific deadline to avoid forfeiture. It is a crucial step in the rights issue process.

The market read

The announcement is a procedural notice regarding call money payments for a rights issue. It does not contain any new financial performance data or strategic developments that would indicate a positive or negative sentiment.

Prabha Energy Limited has issued a reminder for the outstanding First Call Money and a notice for the Second and Final Call Money on its Partly Paid-up Equity Shares. These shares were initially issued on a rights basis as per the Letter of Offer dated March 5, 2026.

The company has sent the "Reminder Cum Second and Final Call Notice" to holders of Partly Paid-up Equity Shares, whose names appeared in the Register of Members as of July 9, 2026 (the Record Date). The First Call amount due is ₹47.52 per share (₹0.33 paid-up value and ₹47.19 premium), representing 33% of the issue price of ₹144.00. Similarly, the Second and Final Call amount is also ₹47.52 per share. This is the final call, and failure to pay will result in forfeiture of shares.

The payment period for both the First Call Reminder and the Second and Final Call is from July 28, 2026, to August 11, 2026. Shareholders are instructed to make payments via cheque or demand draft to designated ICICI Bank accounts or through the Registrar, MUFG Intime India Private Limited, by the due date of August 11, 2026. Trading of the ₹0.67 partly paid-up equity shares (ISIN: IN90I0M01022) has been suspended from July 8, 2026. The fully paid-up Rights Equity Shares are estimated to be available for trading within three weeks from the last payment date.

Filing to action

What to do with a filing like this

Prabha Energy Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Prabha Energy Limited. Read the original for the full detail.

View original filing