NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 07:17 pm
Disclosure under SEBI Takeover Regulations
Prabha Energy Limited · PRABHA
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Prabha Energy Limited's promoter group, led by Paras Shantilal Savla, has disclosed their collective shareholding of 80.23% as of March 31, 2026. In compliance with SEBI Takeover Regulations 31(4), the promoters have declared that they have not made any encumbrance, directly or indirectly, on their shareholdings in the company during the financial year ended March 31, 2026. This confirms the absence of promoter share pledges.
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Governance Concern8/10
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Liquidity Impact5/10
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Full Announcement
Paras Shantilal Savla has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Paras Shantilal Savla
Address: 37, Basant Bahar – 1, Bopal, Daskroi,
Ahmedabad – 380058, Gujarat.
April 06, 2026
To, To,
Corporate Relations Department Corporate Relations Department
BSE Limited National Stock Exchange of India Ltd.
2nd Floor, P.J. Towers, Exchange Plaza, Plot No. C/1, G-Block,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai – 400001 Mumbai – 400051.
SCRIP CODE: 544379 SYMBOL: PRABHA
Sub: Disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Dear Sir/ Madam,
With reference to the above subject, I, Paras Shantilal Savla, hereby declare that I along with the
Promoter & Promoter group and persons acting in concert collectively hold 10,98,37,209 (80.23%)
equity shares in the Target Company, Prabha Energy Limited as on March 31, 2026 and further declare
that we have not made any encumbrance, directly or indirectly, on our shareholdings in the Target
Company, Prabha Energy Limited during the financial year ended on March 31, 2026.
This is in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations 2011.
The details of the entity/person on whose behalf the declaration is being submitted is annexed to this
disclosure as Exhibit-A.
Kindly acknowledge the receipt and take the same on your records.
Thanking You,
Yours faithfully,
Paras Shantilal Savla
Promoter together with Promoter group and person acting in concert
Place : Ahmedabad
Date : 06.04.2026
Audit Committee The Company Secretary & Compliance officer
Prabha Energy Limited, Prabha Energy Limited,
12A, Abhishree Corporate Park, 12A, Abhishree Corporate Park,
Opp Swagat BRTS Bus Stop, Opp Swagat BRTS Bus Stop,
Ambli Bopal Road, Ambli, Ambli Bopal Road, Ambli,
Ahmedabad – 380058, Gujarat. Ahmedabad – 380058, Gujarat.
Paras Shantilal Savla
Address: 37, Basant Bahar – 1, Bopal, Daskroi,
Ahmedabad – 380058, Gujarat.
Exhibit-A
Promoter/Promoter
S.I Name of Promoters
Group/PAC
1 Rupesh Kantilal Savla Promoter
2 Paras Shantilal Savla Promoter
3 Rupesh Savla Family Trust Promoter Group
4 Shantilal Savla Family Trust Promoter Group
Horn Ok Financial Services Private Limited
5 (Formerly Known as Horn Ok Please Transport Promoter Group
Private Limited)
6 Priti Paras Savla Promoter Group
7 Shail M Savla Promoter Group
8 Mita Manoj Savla Promoter Group
9 Sheetal Rupesh Savla Promoter Group
10 Manoj Shantilal Savla Promoter Group
11 Aarav Rupesh Savla Promoter Group
12 Shanil Paras Savla Promoter Group
13 Vidhi Shail Savla Promoter Group