Prabha Energy Completes Rights Issue with Regulatory Compliance Publications

2 min read     Updated on 09 Apr 2026, 06:58 PM
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Prabha Energy Limited successfully concluded its rights issue process by allotting 96,67,258 partly paid-up equity shares at ₹144 per share and published regulatory compliance advertisements in Financial Express, Jansatta, and regional Gujarati newspapers as required under SEBI regulations.

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Prabha Energy Limited has successfully completed its rights issue process with the Rights Issue Committee approving the allotment of 96,67,258 partly paid-up equity shares. The company has now fulfilled its regulatory obligations by publishing mandatory newspaper advertisements for rights issue compliance under SEBI regulations.

Rights Issue Committee Meeting Outcome

The Rights Issue Committee meeting held on April 07, 2026, approved the allotment based on the Letter of Offer dated March 05, 2026. The allotment was finalized in consultation with the Registrar to the Issue and approved by the National Stock Exchange of India Limited as the designated stock exchange. The committee meeting was conducted from 08:10 pm to 08:30 pm.

Parameter: Details
Shares Allotted: 96,67,258 Partly Paid-up Equity Shares
Face Value: ₹1 per share
Issue Price: ₹144 per share (including premium of ₹143)
Amount Paid on Application: ₹48.96 per share (including premium of ₹48.62)
Total Issue Size: ₹13920.85 Lakhs

Regulatory Compliance Publications

On April 09, 2026, Prabha Energy Limited published newspaper advertisements in compliance with Regulation 92(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018. The advertisements were published in three newspapers covering national and regional circulation.

Publication: Coverage
Financial Express (English): All Editions - National Daily
Jansatta (Hindi): All Editions - National Daily
Financial Express (Gujarati): Ahmedabad Edition - Regional Daily

Modified Share Capital Structure

Following the allotment, Prabha Energy Limited's paid-up equity share capital structure has been modified as detailed below:

Share Type: Number of Shares Face Value (₹) Amount (₹)
Fully Paid-up Equity Shares: 13,69,05,531 1 13,69,05,531
Partly Paid-up Equity Shares: 96,67,258 1 96,67,258

Application and Allotment Statistics

The rights issue received strong investor response with detailed application statistics disclosed in the newspaper advertisements:

Category: Valid Applications Shares Allotted
Shareholders: 1,634 83,71,922
Renouncers: 49 12,95,336
Total: 1,683 96,67,258

Payment Structure and Timeline

The rights issue follows a structured payment mechanism where shareholders have paid ₹48.96 per equity share on application. The balance amount will be payable through subsequent two calls, with timing to be determined by the Board or Rights Issue Committee at their discretion. The comprehensive rights issue process was executed over an 18-day period from March 20, 2026 to April 06, 2026.

The formal communication regarding the newspaper publications was signed by Nikita Agarwalla, Company Secretary & Compliance Officer, with digital signature applied on April 09, 2026 at 15:10:19 +05'30'. Additional details are available on the company's website at www.prabhaenergy.com .

Historical Stock Returns for Prabha Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.28%+3.50%+7.87%-24.41%-24.26%-24.53%

How will Prabha Energy utilize the ₹139.20 crores raised through this rights issue for its business expansion or debt reduction plans?

What timeline has the company set for the two remaining payment calls, and how might market conditions influence this schedule?

Will the dilution from 96.67 lakh new shares impact Prabha Energy's earnings per share and dividend policy in the upcoming quarters?

Prabha Energy Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 08 Apr 2026, 07:34 AM
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Prabha Energy Limited submitted its confirmation certificate under SEBI Regulation 74(5) for Q4FY26, covering the quarter ended March 31, 2026. The certificate from registrar MUFG Intime India Private Limited confirms proper processing of securities dematerialisation, timely confirmation to depositories, and compliance with prescribed procedures for handling physical certificates during the quarter.

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Prabha Energy Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI depositories regulations for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed the confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 07, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited through Company Secretary and Compliance Officer Nikita Agarwalla.

Filing Details: Information
Filing Date: April 07, 2026
Quarter Ended: March 31, 2026
Regulation: SEBI Regulation 74(5)
Filed By: Nikita Agarwalla, Company Secretary
Membership No.: A69933

Registrar Confirmation

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent. The confirmation was provided by Ashok Shetty, Sr. Vice President-Corporate Registry, dated April 01, 2026.

Compliance Confirmations

The registrar confirmed several key compliance aspects for the quarter:

  • Securities received from depository participants for dematerialisation were properly confirmed to depositories
  • All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialisation were confirmed or rejected within prescribed timelines
  • Physical certificates were mutilated and cancelled after due verification by depository participants
  • Depository names were substituted in the register of members as registered owners

Corporate Information

Company Details: Information
BSE Scrip Code: 544379
NSE Symbol: PRABHA
RTA: MUFG Intime India Private Limited
RTA CIN: U67190MH1999PTC118368

This quarterly submission demonstrates Prabha Energy Limited's adherence to SEBI regulations governing depositories and participants, ensuring proper handling of securities dematerialisation processes during the quarter ended March 31, 2026.

Historical Stock Returns for Prabha Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.28%+3.50%+7.87%-24.41%-24.26%-24.53%

Will Prabha Energy's consistent regulatory compliance improve its ESG ratings and attract institutional investors in the coming quarters?

How might the company's strong depositories compliance record impact its eligibility for inclusion in major stock indices?

Could Prabha Energy leverage its robust compliance framework to pursue strategic partnerships or acquisitions in the energy sector?

More News on Prabha Energy

1 Year Returns:-24.26%