Prabha Energy Ltd announced its final call payment details for its rights issue. The record date is July 9, 2026, with a payment of ₹47.52 per partly paid-up share.
Prabha Energy Ltd Final Call Payment Details Announced
Prabha Energy Ltd has set July 9, 2026, as the record date for the second and final call payment on its partly paid-up equity shares.
Reader Takeaway: Final capital infusion confirmed; shareholders must meet payment deadline.
What just happened
The Rights Issue Committee of Prabha Energy Limited's Board of Directors met on July 03, 2026. They finalized the record date for the second and final call payment of its rights issue. The total payment due per share is ₹47.52, comprising ₹0.33 face value and ₹47.19 share premium.
Why this matters
This announcement finalizes the timeline for investors holding partly paid-up shares to complete their investment obligations. The payment of ₹47.52 per share represents 33% of the total issue price of ₹144.00 per share, bringing the rights issue process to a conclusion.
The backstory
Prabha Energy had previously announced a rights issue for its partly paid-up equity shares. This final call is the concluding step to raise the intended capital from these rights.
What changes now
Shareholders who hold partly paid-up equity shares as of July 09, 2026, will be officially notified to make the final payment. This action will convert their partly paid-up shares into fully paid-up shares.
Risks to watch
Investors who fail to make the final payment by the due date (to be communicated in the call notice) risk forfeiting their partly paid-up shares. This could lead to a loss of their investment in these shares.
Peer comparison
As a rights issue, this is a common capital-raising mechanism for companies. The process and payment structure are standard for such corporate actions.
Context metrics (time-bound)
- Record Date: July 09, 2026
- Call Payment per Share: ₹47.52
- Total Issue Price per Share: ₹144.00
- Payment Percentage for this Call: 33%
What to track next
Investors should watch for the official call notice from Prabha Energy Ltd for specific payment due dates and procedures. Ensuring timely payment will be crucial for existing holders of partly paid-up shares.