Prabha Energy Issues Reminder for Second and Final Call Notice on Partly Paid-Up Equity Shares
Prabha Energy Limited is issuing a reminder for the second and final call on partly paid-up equity shares. The payment period is from July 28, 2026, to August 11, 2026. Shareholders who fail to pay face consequences including forfeiture of shares. The total amount due is ₹47.52 per share.
This is a crucial step in the rights issue process, impacting the financial closure for the company and requiring action from specific shareholders. Failure to pay has significant consequences for the shareholders involved.
The announcement is a routine reminder regarding payment for partly paid-up shares and does not contain any new financial performance data or strategic changes that would indicate a positive or negative sentiment.
Prabha Energy Limited has issued a reminder cum second and final call notice regarding partly paid-up equity shares. Eligible shareholders who have not yet paid the First Call Money can now pay it along with the Second and Final Call Money. The payment period for this is between Tuesday, July 28, 2026, and Tuesday, August 11, 2026, inclusive.
The company has completed the dispatch of the reminder and the second and final call notices on Monday, July 13, 2026. These notices, along with detailed instructions, ASBA form, and payment slips, have been sent via electronic mode to shareholders whose email addresses were registered with the company or its Registrar and Transfer Agent (RTA). Physical copies have also been dispatched to shareholders who have not registered their email addresses or have specifically requested hard copies.
Shareholders are reminded of the consequences of failing to pay the outstanding amounts, which include deduction from future dividends and the potential forfeiture of shares. Payments can be made through cheque/demand draft presented at ICICI Bank Limited branches, or via online trading-demat-bank accounts if offered by brokers. The total amount due per right equity share is ₹47.52, comprising ₹0.33 towards face value and ₹47.19 towards premium, representing 33% of the issue price of ₹144.00 per right equity share.
What to do with a filing like this
Prabha Energy Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. 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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See the model portfoliosA plain-language summary of a public exchange filing by Prabha Energy Limited. Read the original for the full detail.