Prabha Energy Ltd operates mainly in oil and gas exploration & productionBusiness Overview: PEL is engaged in power generation through conventional and non-conventional sources, including biomass, natural gas, nuclear, waste, thermal, solar, geothermal, wind, and tidal energy. The company also explores and develops oil, gas, CBM, shale, and hydrocarbon projects,...
Prabha Energy commenced North Karanpura CBM commercial production (May 2025), with Jharia block targeting Q4 FY27. With 31 BCM reserves & ~70% EBITDA margins, PEL is set to be a key private CBM producer, capitalizing on India's significant gas demand growth and infrastructure spend.
Prabha Energy's Rights Committee set the Record Date for its second and final call. Eligible shareholders will pay ₹47.52 per partly paid-up share (₹0.33 FV + ₹47.19 premium), completing 33% of the original ₹144.00 issue price.
Prabha Energy completed a ₹139.21 Cr equity share allotment and divested its 70% stake in Deep Natural Resources. The company reported a standalone net profit of ₹0.47 Cr and consolidated net profit of ₹0.57 Cr for the financial year, marking a turnaround from losses.
Prabha Energy has issued its first call for partly paid-up equity shares from a rights issue. Shareholders must pay ₹47.52 per share. Trading of these shares is suspended. Non-payment could lead to forfeiture.
Prabha Energy launched a Rights Issue to raise up to ₹139.21 Cr (5:14 at ₹144/share, part-paid). Funds will primarily repay an ₹125 Cr group loan and achieve MPS compliance. The company posted a ₹0.52 Cr net profit for nine months ended Dec 2025. A promoter paid a ₹1.75 Cr insider...
