Prabha Energy plans rights issue
Prabha Energy (PRABHA) said it has taken up rights issue. The company is valued at about ₹3,057 crore.
What happened
In a filing with the BSE on 19 October 2026 at 11:42 AM, Prabha Energy (PRABHA) said that it has taken up rights issue.
From the filing: "Outcome of the meeting of the Rights Issue Committee of the Board of Directors of Prabha Energy Limited (the 'Company')"
Company snapshot
Prabha Energy is a small-cap company, with a market value of about ₹3,057 crore.
The stock last traded at ₹208.6, against a 52-week range of ₹137.9–₹262.8 (20.6% below the high).
Before this filing the shares had moved −8.0% over the month and +43.5% over three months. Average daily turnover over the last 20 sessions was about ₹2.97 crore.
Promoters held 74.94% at the end of Q1 FY27. Foreign institutions owned 1.82% and domestic institutions 0.07%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1 | -0.2 | 0.02 |
| Q2 FY26 | 2 | -0.2 | -0.01 |
| Q3 FY26 | 2 | 0.9 | 0.07 |
| Q4 FY26 | 1 | 0.1 | 0.01 |
| Q1 FY27 | 2 | 0.3 | 0.02 |
What history shows
BCEIE's records show 5 previous fund raising filings from the company since May 2026.
After those filings, the stock fell 1.9% on average the next trading day and was down 1.1% on average after five days (5 filings with price data).
Market-wide, 1,616 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Aug 2026 | Board Meeting Outcome for Outcome Of Rights Issue Committee Meeting | −2.3% | −0.7% |
| 14 Jul 2026 | Notice For Payment Of Outstanding First Call Money And Second And… | −1.1% | −3.1% |
| 3 Jul 2026 | Corporate Action-Outcome of Right issue | −2.4% | +0.7% |
| 3 Jul 2026 | Board Meeting Outcome for Outcome Of Rights Issue Committee Meeting… | −2.4% | +0.7% |
| 12 Jun 2026 | Board Meeting Outcome for Outcome Of The Meeting Of The Rights Issue… | −1.4% | −3.2% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.