Prabha Energy Ltd has announced July 9, 2026, as the record date for the second and final call on its partly paid-up equity shares. The call amount is ₹47.52 per share.
Prabha Energy Ltd Finalizes Rights Issue Call
Prabha Energy Ltd has set July 9, 2026, as the record date for the second and final call on its partly paid-up equity shares. The company will call for ₹47.52 per share from eligible shareholders.
Reader Takeaway: Finalizing capital collection from rights issue; shareholders must prepare for payment.
What just happened
The Rights Issue Committee of Prabha Energy Limited met on July 03, 2026, to finalize the timeline and payment structure for the second and final call on the company's partly paid-up equity shares. The Record Date has been fixed for July 09, 2026.
Why this matters
This development signifies the final stage of collecting funds from the previously issued rights shares. Investors holding these partly paid-up shares need to be aware of the upcoming payment obligation. The call amount of ₹47.52 per share represents 33% of the total issue price of ₹144.00.
The backstory
Prabha Energy Limited had previously allotted 96,67,258 partly paid-up equity shares on a rights basis. This final call is to collect the remaining amount due on these shares.
What changes now
Shareholders holding these shares as of July 09, 2026, will receive a formal call notice. They will need to arrange for the payment of ₹47.52 per share by the specified deadline.
Risks to watch
Failure to pay the final call amount by the stipulated deadline could lead to forfeiture of the shares held by the investor, as per the terms of the rights issue.
Peer comparison
(No peer comparison data available in the filing.)
Context metrics (time-bound)
- Second and Final Call Amount: ₹47.52 per share
- Record Date: July 09, 2026
- Total Issue Price (Reference): ₹144.00 per share
- Number of Partly Paid Shares: 96,67,258
What to track next
Investors should monitor for the official call notice from Prabha Energy Ltd, which will detail the exact payment deadline and procedures.