Prabha Energy Limited — Important, 05-03-2026: Committee Meeting Updates

The Rights Issue Committee has approved the terms for a Rights Issue of 96,67,258 partly paid-up equity shares, each with a face value of ₹1/-. The issue price is ₹144.00 per share, totaling ₹139.21 Cr, assuming full subscription. Eligible shareholders will receive 5 rights shares for every 14 fully paid-up shares held. Significantly, the Promoters and Promoter Group will forgo their entitlements to new shares to help the company meet minimum public shareholding requirements. The Letter of Offer and other issue-related materials have been adopted.