Prabha Energy sets ₹47.52 final call on rights shares
Prabha Energy Limited has set a Second and Final Call of ₹47.52 per partly paid-up equity share for its rights issue, with payments due by August 11, 2026. The amount includes ₹0.33 towards face value and ₹47.19 towards premium. Shareholders must pay the total due to avoid forfeiture, with trading of partly paid-up shares suspended from July 08, 2026.

*this image is generated using AI for illustrative purposes only.
Prabha Energy Limited has announced the Second and Final Call of ₹47.52 per partly paid-up equity share for its rights issue, with a payment deadline of August 11, 2026. The call amount comprises ₹0.33 towards paid-up value and ₹47.19 towards premium. This notice serves as a reminder for the outstanding First Call and a notice for the Second and Final Call, requiring shareholders to pay the total due amount to prevent the forfeiture of their shares.
The Rights Issue Committee of the Board of Directors approved the record date of July 09, 2026, to determine eligible shareholders. The company had issued partly paid-up shares at an issue price of ₹144.00 each, with ₹48.96 already received as application money. The trading of the partly paid-up shares (ISIN: IN90I0M01022) has been suspended on the stock exchanges from the close of trading hours on July 08, 2026.
Shareholders are required to pay the full amount due, covering both the First Call and the Second and Final Call. Part payments will not be accepted and will be treated as non-payment, rendering the shares liable to forfeiture. The payment can be made through ASBA (online or physical), 3-in-1 accounts, or via cheque/demand draft at designated ICICI Bank branches.
The payment period for the call money is from July 28, 2026, to August 11, 2026. For payments made via ASBA, applications will be uploaded until 5:00 p.m. IST on the last date. Cheques or demand drafts must be drawn in favor of "Prabha Energy Limited-Call Money Resident Account" for resident shareholders and "Prabha Energy Limited-Call Money Non-Resident Account" for non-resident shareholders.
Failure to pay the call money will result in the company deducting the outstanding amount from any future dividends and forfeiting the shares. The fully paid-up shares are expected to be credited under the existing ISIN: INE0I0M01023 and available for trading within three weeks from the last date of payment.
Key Dates and Amounts
| Description | Date/Amount |
|---|---|
| Second and Final Call Record Date | Thursday, July 09, 2026 |
| Payment Start Date | Tuesday, July 28, 2026 |
| Last Date for Payment | Tuesday, August 11, 2026 |
| Amount per Share | ₹47.52 |
| Trading Suspension Date | Wednesday, July 08, 2026 |
Historical Stock Returns for Prabha Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.15% | +1.84% | -7.64% | -8.36% | -46.84% | -26.75% |
How will the suspension of partly paid-up shares and the subsequent conversion to fully paid-up status impact the liquidity and trading volume for Prabha Energy Limited?
What is the expected market reaction to the potential forfeiture of shares from shareholders who fail to meet the payment deadline?
How does the company plan to utilize the capital raised from this call money, and will it influence future expansion or debt reduction strategies?































