Prabha Energy Limited has issued a corrigendum to its earlier communication regarding the rights issue timeline extension. The company has revised the closing date further to April 06, 2026, citing a typographical error in its previous regulatory communication dated March 23, 2026.

Corrected Rights Issue Schedule

The Rights Issue Committee has issued a revised schedule following the identification of typographical errors in the earlier communication. The corrigendum maintains the original opening date while providing additional corrections to the timeline.

Regulatory Communication and Compliance

The corrigendum was formally communicated to both BSE Limited (Scrip Code: 544379) and National Stock Exchange of India (Symbol: PRABHA) on March 23, 2026. The Rights Issue Committee meeting commenced at 12:30 pm and concluded at 01:00 pm on the same day.

Company Secretary & Compliance Officer Nikita Agarwalla (M.No.: A69933) digitally signed the regulatory communication at 14:00:16 +05'30' on March 23, 2026. The communication specifically requested stock exchanges to consider the revised schedule and ignore the previous issue schedule due to the typographical error.

Terms and Conditions

The company has emphasized that all other terms and conditions of the Rights Issue as disclosed in the Letter of Offer shall remain unchanged. This intimation has been made in accordance with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Additional details regarding the rights issue are available on the company's website at www.prabhaenergy.com . The extension provides investors with additional time to participate in the rights offering, with the on-market trading of Rights Entitlements scheduled to begin on March 30, 2026.

Prabha Energy Limited has published newspaper advertisements on March 14, 2026, in compliance with Regulation 84(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018. The advertisements relate to the company's ongoing Rights Issue of equity shares and were published following earlier intimations dated February 24, 2026, and March 05, 2026.

Publication Details

The company published the Rights Issue advertisements in three major publications to ensure comprehensive coverage across different linguistic and geographic segments:

The Gujarati edition specifically targets the regional market where the company's registered office is located in Ahmedabad, Gujarat.

Rights Issue Overview

Prabha Energy Limited is conducting a Rights Issue of up to 96,67,258 partly paid-up equity shares with a face value of ₹ 1/- each. The key parameters of the issue include:

Issue Timeline and Application Process

The Rights Issue follows a structured timeline with specific dates for different activities:

The company has implemented a partly paid-up structure with specific payment schedules. On application, shareholders need to pay ₹ 48.96 per share, constituting 34% of the issue price. The remaining amount of ₹ 95.04 will be collected through two separate calls.

Payment Schedule Details

The Rights Issue features a structured payment mechanism designed to ease the financial burden on shareholders:

Regulatory Compliance and Listing

The Rights Issue is being conducted exclusively for public shareholders to meet Minimum Public Shareholding (MPS) compliance as per SEBI circular dated February 03, 2023. The promoters, Mr. Paras Shantilal Savla and Mr. Rupesh Kantilal Savla, will forgo their entitlement to equity shares from this issue.

Prabha Energy Limited's existing equity shares are listed on both BSE Limited and National Stock Exchange of India Limited. The company has received in-principle approvals from both exchanges dated March 02, 2026, for listing the Rights Equity Shares. The National Stock Exchange serves as the Designated Stock Exchange for this issue.

Application and Documentation

All applications must be made through the Application Supported by Blocked Amount (ASBA) process as mandated by SEBI regulations. Rights Entitlements have been credited to eligible shareholders' demat accounts under ISIN: INE010M20015 on March 12, 2026. The issue materials, including the Letter of Offer and Application Forms, were dispatched to eligible equity shareholders on March 13, 2026, through electronic and physical means based on their registered contact preferences.