Prabha Energy Ltd

Prabha Energy Limited trading window shall remain closed for Designated Persons and their immediate relatives from October 01, 2026 till completion of 48 hrs after the declaration of Un-audited Financial Results of the Company for the quarter and half year ended on September 30, 2026.

Reminders and deadlines

• First Call and Second and Final Call: ₹47.52 per Rights Share (₹0.33 paid-up, ₹47.19 premium).
• Total across both calls: ₹95.04 per Rights Share.
• Last date of payment: Thursday, Oct 08, 2026.
• Payment window: 24 Sep 2026 to 08 Oct 2026 (15 days).
• Reminders to holders of partly paid-up shares; non-payment may lead to forfeiture.
• Reminders to be sent electronically to registered email IDs; hard copies available.
• Amounts payable must be paid by cheque/DD; cash not accepted.

AGM Details

• Date/time: Sep 8, 2026, 11:00 AM; VC/OAVM mode; record date 01-Sep-2026.
• Attendance via VC: 14 promoters, 31 public.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adopt Audited Standalone and Consolidated Financial Statements; Outcome: Passed.
• Resolution 2 (Ordinary): Reappointment of Prem Singh Sawhney by rotation; Outcome: Passed.
• Resolution 3 (Ordinary): Approve Material Related Party Transactions; Outcome: Passed.
• Resolution 4 (Special): Re-appointment of Prem Singh Sawhney as Executive Director; Outcome: Passed.
• Resolution 5 (Special): Re-appointment of Ms. Shaily Dedhia as Independent Director for second term; Outcome: Passed.
• Resolution 6 (Special): Fundraising via QIP up to Rs 150 crore; Outcome: Passed.

Director Changes

• Reappointment of Prem Singh Sawhney as director by rotation.
• Executive Director: Prem Singh Sawhney re-appointed.
• Independent Director: Shaily Dedhia re-appointed for second five-year term.

AGM Details

• AGM held on Sep 08, 2026 at 11:00 A.M. via VC/OAVM.

Key Resolutions

• Adopt audited standalone and consolidated financial statements for FY 2025-26.
• Re-appoint Director Prem Singh Sawhney by rotation.
• Approve material related party transaction proposed to be entered by the company.
• Re-appoint Prem Singh Sawhney as Executive Director.
• Re-appoint Ms. Shaily Jatin Dedhia as Independent Director for second term (5 years).
• Raise funds up to Rs 150 crore through QIP in one or more tranches.

Voting / Results Status

• Voting results to be submitted to stock exchanges separately.

Asset overview

• North Karanpura (NK) Block: PEL 25% PI; Partners ONGC 55%, IOC 20%; commercial production started May 2025.
• Jharia Block: PEL 90% PI; Partner BCCL 10%; commercial production expected Q4 FY27.
• GIIP: NK 31 BCM; Jharia 1.42 BCM GIIP.
• Government target: CBM gas production 5.0 MMSCMD by 2027-28.
• NK commercial production started May 2025.
• Jharia to reach commercial production by Q4 FY27.
• National gas grid connectivity targeted by FY27 end.

Leadership

• Premsingh Sawhney — Chairman and Executive Director.
• Shanil Savla — Managing Director.
• Vishal Palkhiwala — Executive Director and CFO.

Conversion of partly paid-up shares

• Meeting on August 24, 2026 approved conversion of 8,795,395 shares from 67% paid-up to fully paid-up at ₹144.
• Conversion of 718,508 shares from 34% paid-up to fully paid-up at ₹144.
• Total fully paid-up equity shares allotted: 9,513,903 at ₹144 per share.
• Face value remains ₹1; premium ₹143 per share.
• Conversion contingent upon realization of the respective partly paid amounts.

Share conversion and allotment

• Converted 8,795,395 partly paid-up shares (67% paid) into fully paid-up shares at ₹144.
• Converted 718,508 partly paid-up shares (34% paid) into fully paid-up shares at ₹144.
• Total 9,513,903 fully paid-up shares allotted.
• Issue price ₹144 per share comprises ₹1 face value and ₹143 securities premium.

Price movement clarification

• Company states all material and price-sensitive disclosures have been made within regulatory timelines.
• As of date, there is no additional information warranting disclosure or likely to impact the scrip price.
• Recent price/volume fluctuations are stated to be purely market-driven.
• This clarification was filed with BSE to record the market-driven nature of fluctuations.