Prabha Energy Completes Rights Issue with Regulatory Compliance Publications
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.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































