Prabha Energy Ltd issues call notice for outstanding first and final call money on rights issue shares

What Prabha Energy announced

On 14 July 2026 Prabha Energy Ltd filed a Call Notice with the Bombay Stock Exchange (BSE) (Form No. 544379). The notice asks shareholders who subscribed to the company's rights issue to pay any outstanding first call money (if any) and the second and final call money on the partly paid‑up equity shares that were allotted under the rights issue.

The call notice references the Letter of Offer dated 5 March 2026, which set out the terms of the rights issue, including the issue price, entitlement ratio and the schedule of calls. The current filing does not provide the exact monetary amount of the calls or the number of shares that remain partly paid‑up.

Rights issue and call money – how it works

A rights issue allows existing shareholders to purchase additional shares, usually at a discount, in proportion to their current holdings. The issue price is typically paid in calls – staggered payments that become due on specified dates. The first call is usually payable at the time of allotment, while subsequent calls are called later to complete the payment and convert the shares to fully paid‑up status.

In Prabha Energy's case, the first call may have been partially paid by some investors, prompting the need for this notice. The second and final call represents the remaining balance that must be cleared for the shares to be fully paid‑up and eligible for trading on the stock exchanges.

Details disclosed in the filing

Why this matters for investors

The call notice signals that the rights issue is moving towards completion. Shareholders who subscribed must settle the outstanding amounts to avoid dilution of their entitlement and to ensure the newly allotted shares become fully paid‑up. Failure to pay the call money can lead to forfeiture of the allotted shares under the terms of the rights issue.

For the company, receipt of the final call money will increase its paid‑up capital, providing additional funds for its operational or strategic needs. However, the filing does not disclose the total capital raised, so investors cannot quantify the immediate impact on the balance sheet.

Conclusion

Prabha Energy Ltd’s 14 July 2026 filing is a procedural notice reminding rights‑issue shareholders to clear any pending first call and to pay the second and final call on their partly paid‑up shares. While the filing confirms the continuation of the rights‑issue process, it does not reveal the monetary size of the calls or the number of shares still pending payment. Investors should refer to the original Letter of Offer dated 5 March 2026 for the detailed pricing and entitlement structure, and ensure timely payment to avoid forfeiture.