Prabha Energy Ltd Completes Rights Issue Period
Prabha Energy Ltd confirmed the closure of the issue period for its rights issue of partly paid-up equity shares. The rights issue, pertaining to the Company, has concluded as of Monday, April 06, 2026.The offering was for partly paid-up equity shares with a face value of ₹1 each, aggregating up to ₹13920.85 Lakhs. The issue commenced on Friday, March 20, 2026, at 9:00 a.m. IST and closed on April 06, 2026, at 5:00 p.m. IST.
The rights issue followed previous communications regarding the meeting of the Rights Issue Committee of the Board of Directors.
PRABHA Stock Price Movement
At the close of trade, shares of Prabha Energy Limited are rallying by 4.48% to trade at ₹160.71. The stock maintained a trading band between ₹150.39 and ₹161, backed by a volume of 93,324 shares exchanged today.Source:
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