Description

NSE notifies listing of 9,667,258 partly paid-up equity shares of Prabha Energy Limited (symbol: PRABHAPP) allotted on rights basis, effective April 13, 2026.

Summary

NSE has admitted partly paid-up equity shares of Prabha Energy Limited to dealings on its Capital Market segment under the symbol PRABHAPP, effective April 13, 2026. The shares were allotted on a rights basis on April 7, 2026, with 9,667,258 shares listed under series E1.

Key Points

  • Symbol: PRABHAPP (Series: E1)
  • ISIN: IN90I0M01014 (temporary ISIN per SEBI circular for dematerialized allotments)
  • Face Value: Re. 1 per share; Paid-up Value: Rs. 0.34 per share
  • Issue Price: Rs. 144 per share (Rs. 48.96 paid on application)
  • Number of Securities: 9,667,258 shares
  • Distinctive Number Range: 1 to 9,667,258
  • Market Lot: 1 share
  • Pari Passu: Yes
  • Lock-in: Not Applicable

Regulatory Changes

No new regulatory changes introduced. The listing is pursuant to Regulation 3.1.1 and Regulation 2.5.5 of the NSE Capital Market Trading Regulations Part A governing admission of securities to dealings and lot size specifications.

Compliance Requirements

  • Trading members must identify the security exclusively by its designated code (PRABHAPP / E1) on the trading system.
  • Trading must be conducted in the specified lot size of 1 share.
  • The temporary ISIN (IN8*) issued under SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012 governs the dematerialized credits until activation of the permanent ISIN.

Important Dates

  • Date of Allotment: April 7, 2026
  • Effective Date for Trading: April 13, 2026
  • Circular Date: April 9, 2026

Impact Assessment

This is a routine listing of partly paid-up rights issue shares for Prabha Energy Limited, a small company. The listing affects existing rights issue applicants who will be able to trade their partly paid shares from April 13, 2026. The partly paid nature (Rs. 0.34 paid out of Re. 1 face value; Rs. 48.96 paid out of Rs. 144 issue price) means further calls on these shares are expected. Market impact is limited to existing shareholders and rights issue participants.

Impact Justification

Routine listing notification for partly paid-up rights issue shares of a small-cap company; limited broader market impact.