Description

BSE advises trading members to halt dealings in partly paid equity shares of Prabha Energy Limited from 08 May 2026, due to a record date set for the first call notice of Rs.47.52 per rights equity share.

Summary

BSE has issued a notice (20260505-41) directing all trading members to refrain from dealing in the partly paid equity shares of Prabha Energy Limited (Scrip Code 890236) from 08 May 2026. The company has fixed 08 May 2026 as the Record Date to ascertain eligible shareholders for the first call notice under its rights issue.

Key Points

  • Trading members are prohibited from dealing in partly paid equity shares of Prabha Energy Limited (Scrip Code 890236) effective 08 May 2026
  • Record Date is set as 08 May 2026 (Settlement No. DR-626/2026-2027)
  • The first call amount is Rs.47.52 per Rights Equity Share
  • The call comprises Re.0.33 towards face value and Rs.47.19 towards premium
  • The first call represents 33% of the total Issue Price of Rs.144.00 per share
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory framework changes. This is an operational notice under existing BSE rules governing partly paid shares and rights issue call procedures.

Compliance Requirements

  • All trading members of BSE must immediately note and comply with the no-dealings directive for Prabha Energy Limited partly paid equity shares (Scrip Code 890236)
  • No transactions in these partly paid shares should be executed from 08 May 2026 onwards until further notice
  • Members must ensure their systems and desks are updated to block or flag trades in scrip code 890236 (partly paid series)

Important Dates

  • Notice Date: 05 May 2026
  • Record Date: 08 May 2026
  • No Dealings From Date: 08 May 2026
  • Settlement Number: DR-626/2026-2027

Impact Assessment

This notice has a direct and immediate impact on trading members dealing in the partly paid equity shares of Prabha Energy Limited. All trading in scrip code 890236 (partly paid series) is halted from 08 May 2026 to allow the company to identify eligible shareholders for the first rights call payment of Rs.47.52 per share. Investors holding partly paid shares will be notified of their payment obligation. The restriction is standard procedure for rights issue call events and is expected to be temporary, lifting after the record date formalities are completed.

Impact Justification

Imposes an immediate trading restriction on partly paid equity shares of Prabha Energy Limited effective 08 May 2026, directly affecting trading members dealing in scrip code 890236.