Prabha Energy Ltd Sets Record Date for Final Call on Rights Issue Shares

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AuthorAnanya Iyer|Published at:
Prabha Energy Ltd Sets Record Date for Final Call on Rights Issue Shares

Prabha Energy Ltd has approved the final call payment for partly paid-up rights issue shares. A record date of July 09, 2026, has been set for investors to make the payment of ₹47.52 per share.

Prabha Energy Ltd Approves Final Call for Rights Issue Shares

Record Date: July 09, 2026 Call Amount: ₹47.52 per share Shares Affected: 96,67,258 shares Reader Takeaway: Rights issue finalization is underway; investors must meet payment deadline to retain shares. ## What just happened Prabha Energy Ltd's Rights Issue Committee has approved the second and final call for 96,67,258 partly paid-up equity shares. Investors holding these shares are required to pay ₹47.52 per share by the specified record date. ## Why this matters This action is a crucial administrative step to convert the partly paid-up shares into fully paid-up equity shares. It signifies the final stage of the rights issue process from the company's perspective. For investors, it's a call to action to complete their investment obligations. The payment of ₹47.52 per share includes a face value of ₹0.33 and a premium of ₹47.19. This amount represents 33% of the total issue price of ₹144.00. ## The backstory This development follows the company's earlier rights issue, which resulted in partly paid-up shares. The company is now proceeding with the final call to realize the full subscription amount from these shares. ## What changes now Upon successful payment by the record date, the 96,67,258 shares will be considered fully paid-up equity shares. Failure to pay may lead to forfeiture or other consequences as per the terms of the rights issue. ## Risks to watch Investors who do not meet the payment deadline risk losing their stake in these shares. They should carefully review the call notice for precise payment instructions and deadlines. ## Context metrics The call amount of ₹47.52 per share, set for July 09, 2026, is part of the total ₹144.00 issue price for 96,67,258 rights issue shares.
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