Description

NSE notifies suspension of partly paid-up equity shares of Prabha Energy Limited (PRABHAPP) from trading effective May 08, 2026, due to first call money.

Summary

NSE’s Listing Department has issued a circular (Ref No: NSE/CML/74049, Circular Ref. No: 0730/2026) notifying the suspension of partly paid-up equity shares of Prabha Energy Limited from trading. The suspension is effective from May 08, 2026, i.e., after closing hours of trading on May 07, 2026.

Key Points

  • Prabha Energy Limited’s partly paid-up equity shares (Symbol: PRABHAPP, ISIN: IN90I0M01014) will be suspended from trading on NSE.
  • Suspension is triggered on account of first call money.
  • The last day of trading for PRABHAPP will be May 07, 2026 (up to closing hours).
  • The circular is issued under Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Regulatory Changes

Pursuant to Regulation 3.1.2 of the NSE Capital Market Trading Regulations Part A, NSE is empowered to suspend trading in securities under specified conditions. In this case, the non-payment or pending first call money on partly paid-up shares has triggered the suspension provision.

Compliance Requirements

  • All NSE members are informed and must cease trading in PRABHAPP (partly paid-up equity shares of Prabha Energy Limited) from May 08, 2026.
  • Investors and brokers holding or dealing in PRABHAPP shares must note the suspension and refrain from executing trades on or after May 08, 2026.

Important Dates

  • Circular Date: May 05, 2026
  • Last Trading Day: May 07, 2026 (up to closing hours)
  • Suspension Effective Date: May 08, 2026

Impact Assessment

The suspension directly impacts investors holding partly paid-up equity shares of Prabha Energy Limited under the symbol PRABHAPP. Trading in this security will be halted on NSE from May 08, 2026, restricting liquidity for existing shareholders. The reason — first call money — indicates that shareholders who subscribed to partly paid-up shares have a pending call obligation. This is a high-impact event for holders of this specific security, as they will be unable to exit positions via the exchange until the suspension is lifted.

Impact Justification

Direct trading suspension of a listed security affects all holders of PRABHAPP partly paid-up shares; immediate action required before market close on May 07, 2026.