Prabha Energy Limited Issues First Call Notice on Partly Paid-Up Equity Shares Under Rights Issue

Prabha Energy Limited has issued a First Call Notice to eligible holders of partly paid-up equity shares pursuant to its ongoing Rights Issue, with the notice published in newspapers on May 13, 2026. The Rights Issue Committee of the Board of Directors, at its meeting held on Monday, May 04, 2026, approved and fixed Friday, May 08, 2026 as the First Call Record Date for determining eligible shareholders. The record date intimation was also made to BSE Limited and the National Stock Exchange of India Limited on the same day.

First Call Amount and Payment Window

The First Call Notice sets out the amount due and the payment schedule for eligible shareholders. The following table summarises the key details of the First Call:

Parameter: Details Amount Due: ₹ 47.52 per Rights Equity Share (comprising ₹ 0.33 towards face value and ₹ 47.19 towards premium) Percentage of Issue Price: 33% of the issue price of ₹ 144.00 per Rights Equity Share First Call Record Date: Friday, May 08, 2026 Payment Period (From): Tuesday, May 26, 2026 Payment Period (To): Tuesday, June 09, 2026 Duration: 15 days (both days inclusive) Dispatch Completed: Tuesday, May 12, 2026

The First Call Notice, along with detailed instructions, ASBA form, and payment slip, was dispatched electronically to shareholders whose email addresses are registered with the Company, its Registrar and Transfer Agent (RTA), or Depository Participant as on the Record Date. Physical copies were also dispatched to shareholders who have not registered their email addresses or who specifically requested hard copies.

Modes of Payment

Eligible Shareholders may make the First Call Money payment through the following modes:

(a) Online ASBA: Through the website of the Self-Certified Syndicate Banks (SCSBs)

(b) Physical ASBA: By submitting a physical application to the Designated Branch of SCSBs

(c) Online (3-in-1 Account): Using the linked online trading-demat-bank account facility offered by select brokers, in accordance with SEBI circular no. SEBI/HO/CFD/PoD-1/P/CIR/2024/0154 dated November 11, 2024

(d) Cheque/Demand Draft: Deposited at designated collection centres of ICICI Bank Limited, payable to PRABHA ENERGY LIMITED-CALL MONEY RESIDENT ACCOUNT (for resident shareholders) or PRABHA ENERGY LIMITED-CALL MONEY NON-RESIDENT ACCOUNT (for non-resident shareholders)

For non-resident shareholders, payments via cheque or demand draft must be submitted at ICICI Bank Ltd, Capital Market Division, 163, 5th Floor, H T Parekh Marg, Backbay Reclamation, Churchgate 400020, with the contact person being Sushant Paralkar.

Consequences of Non-Payment

Eligible Shareholders are required to make payment on or before Tuesday, June 09, 2026. Failure to do so will attract the following consequences:

Interest at 10.00% (Ten per cent) per annum will be payable for any delay in payment beyond Tuesday, June 09, 2026 until the actual date of payment

The Company shall be entitled to deduct from any future dividend payable, all sums outstanding on account of calls and interest due thereon

The partly paid-up equity shares, including the amount already paid thereon, may be liable to be forfeited on failure to pay the First Call, in accordance with the Articles of Association of the Company and the Letter of Offer

Trading Suspension and Key Notes for Shareholders

The Company has noted that trading of ₹ 48.96 partly paid-up equity shares has been suspended on the Stock Exchanges with effect from Friday, May 08, 2026 on account of the First Call. Eligible Shareholders who have not received the First Call Notice may request a duplicate copy from the RTA or download it from the Company's website at www.prabhaenergy.com .

All applications must include the shareholder's PAN number allotted under the Income Tax Act, 1961; applications without PAN will be considered incomplete and liable to be rejected. Shareholders must also ensure their PAN is linked with Aadhaar in compliance with the relevant Central Board of Direct Taxes notifications.

For shareholders residing at locations where ASBA facility or bank collection centres are not available, First Call Money along with the completed payment slip may be sent by registered post or speed post to the Registrar to the Issue — MUFG Intime India Private Limited (Formerly Link Intime India Private Limited), C-101, Embassy 247, 1st Floor, L B S Marg Vikhroli (West), Mumbai 400083, Maharashtra, India — such that it is received on or before Tuesday, June 09, 2026. For queries, shareholders may contact the RTA on toll-free number +91 81081 14949 (Monday to Friday, 10 AM to 5 PM) or email prabhaenergy.callmoney@in.mps.mufg.com .

Prabha Energy Limited has successfully completed its rights issue process with the Rights Issue Committee approving the allotment of 96,67,258 partly paid-up equity shares. The company has now fulfilled its regulatory obligations by publishing mandatory newspaper advertisements for rights issue compliance under SEBI regulations.

Rights Issue Committee Meeting Outcome

The Rights Issue Committee meeting held on April 07, 2026, approved the allotment based on the Letter of Offer dated March 05, 2026. The allotment was finalized in consultation with the Registrar to the Issue and approved by the National Stock Exchange of India Limited as the designated stock exchange. The committee meeting was conducted from 08:10 pm to 08:30 pm.

Parameter: Details Shares Allotted: 96,67,258 Partly Paid-up Equity Shares Face Value: ₹1 per share Issue Price: ₹144 per share (including premium of ₹143) Amount Paid on Application: ₹48.96 per share (including premium of ₹48.62) Total Issue Size: ₹13920.85 Lakhs

Regulatory Compliance Publications

On April 09, 2026, Prabha Energy Limited published newspaper advertisements in compliance with Regulation 92(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018. The advertisements were published in three newspapers covering national and regional circulation.

Publication: Coverage Financial Express (English): All Editions - National Daily Jansatta (Hindi): All Editions - National Daily Financial Express (Gujarati): Ahmedabad Edition - Regional Daily

Modified Share Capital Structure

Following the allotment, Prabha Energy Limited's paid-up equity share capital structure has been modified as detailed below:

Share Type: Number of Shares Face Value (₹) Amount (₹) Fully Paid-up Equity Shares: 13,69,05,531 1 13,69,05,531 Partly Paid-up Equity Shares: 96,67,258 1 96,67,258

Application and Allotment Statistics

The rights issue received strong investor response with detailed application statistics disclosed in the newspaper advertisements:

Category: Valid Applications Shares Allotted Shareholders: 1,634 83,71,922 Renouncers: 49 12,95,336 Total: 1,683 96,67,258

Payment Structure and Timeline

The rights issue follows a structured payment mechanism where shareholders have paid ₹48.96 per equity share on application. The balance amount will be payable through subsequent two calls, with timing to be determined by the Board or Rights Issue Committee at their discretion. The comprehensive rights issue process was executed over an 18-day period from March 20, 2026 to April 06, 2026.

The formal communication regarding the newspaper publications was signed by Nikita Agarwalla, Company Secretary & Compliance Officer, with digital signature applied on April 09, 2026 at 15:10:19 +05'30'. Additional details are available on the company's website at www.prabhaenergy.com .

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