BSECompany Update5 Nov 2026 · 5 Nov 2026, 02:52 pm
Statement of Deviation or Variation for the Quarter ended on September 30, 2026
Prabha Energy Ltd · 544379
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Prabha Energy Ltd has filed a statement of deviation or variation for the quarter ended September 30, 2026, regarding the utilisation of funds raised through a rights issue. The company has not deviated from the objects or purposes for which the funds were raised, and there has been no change in the terms of the contract. The company has received Rs. 48.96 per Rights Equity Share on application, Rs. 47.52 per Rights Equity Share on the first call, and Rs. 47.52 per Rights Equity Share on the second call.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment6/10
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Prabha Energy Ltd - 544379 - Statement Of Deviation Or Variation For The Quarter Ended On September 30, 2026
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.,.,.
Prabha
a. ...
Limited
Regd. Office : 12A Abhishree Corporate Park, Opp. Swagat BRTS Bus Stop, Ambli-Bopal Road, Ambli, Ahmedabad- 380058
Tel: 02717-488611 Email:info@prabhaenergy.com CIN: L40102GJ2009PLC057716 Website: www.prabhaenergy.com
Ranchi Office: 4th Floor, Rishab Complex, Opposite Ashoknagar Road No 4, Landmark: Above Bank of India, Ranchi - 834 002
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.-• • Energy
Limited
Annexure -A
STATEMENTOFDEVIATIONORVARIATIONFORTHEPROCEEDSOFRIGHTSISSUE
Statement on deviation / variation inutilisation offunds raised
Name ofListed Entity Prabha EnergyLimited
Mode ofFund Raising RightsIssue
Date ofRaising Funds April09,2026
June25,2026
September 11,2026
Amount Raised Rs.13,823.54Lakhs(refernote below)
Report filed for Quarter ended September 30,2026
Monitoring Agency Applicable
Monitoring Agency Name, ifapplicable CARERatingsLimited
Isthere aDeviation / Variation in use offunds raised No
If yes, whether the same is pursuant to change in
terms ofa contract or objects, which was approved by
the shareholders
IfYes,Date ofshareholder Approval NotApplicable
Explanation for the Deviation / Variation
Comments ofthe Audit Committee after review NoComments
Comments ofthe auditors, ifany NoComments
Objects for which funds have been raised and where there has been a deviation, in the following
table
Original Object Modifi Original Modified Funds Amount of Remarks ifany
ed Allocatio allocatio Utilised Deviation/
Object n n,ifany Variation
,ifany for the
quarter
according
applicable
object -
Repayment / pre- Nil 12,500.00 0 12,500.00 0
payment, infullor in
part, ofcertain
outstanding
borrowings/loans
availedbyour
Companyincluding
the interest accrued
thereon
GeneralCorporate Nil 1,368.35 0 1,271.23 0 Unutilised
Purposes amount ofRs.
Issuerelated Nil 52.50 0 49.96 0 2.34lakhswhich
expense islyinginthe
monitoring bank
i-=-.
G) account as on 30
~~ September,2026.
tJ,. .()
Regd.O ffice: 12A, Abhishree Corporate Park, Opp. Swagat BRTSbus Stop, Ambli 0'al~ad, ibli,Ahmedabad - 380058
Tel: 02717-488611 I E-Mail: info@prabhaenergy.com IWeb: www.prabhaenergy.co~: L40102GJ2009PLC057716
Ranchi Office: 4th Floor, Rishab Complex, Opposite Ashoknagar Road No4,Landmark: Above Bank ofIndia, Ranchi -834 002
..... Prabha
......
Energy
Limited
Deviation or variation could mean:
a) Deviation inthe objects or purposes for which the funds have been raised or - Not Applicable
b) Deviation inthe amount offunds actually utilized as against what was originally disclosed or- Not
Applicable
c) Change in terms ofacontract referred to in the fund raising document i.e.prospectus, letter of
offer, etc. - Not Applicable
Note: The Rights Equity Shares were issued on a partly paid-up basis and an amount of Rs.48.96 (i.e.
34% of the Issue Price) per Rights Equity Share has been received on application (ofwhich Rs.0.34
towards face value of Rights Equity Share and Rs. 48.62 towards premium amount), Rs. 47.52 (i.e.
33% of the Issue price) per Rights Equity Share has been received on First call (of which Rs. 0.33
towards face value of Rights Equity Share and Rs. 47.19 towards premium amount) and Rs. 47.52
(i.e. 330/0of the Issue price) per Rights Equity Share has been received on Second call (of which Rs.
0.33 towards face value of Rights Equity Share and Rs.47.19 towards premium amount).
For, Prabha Energy Limited
Vishal Palkhiwala
Director & CFO
DIN:09695011
Date: November 05,2026
Place: Ahmedabad
Regd. Office: 12A, Abhishree Corporate Park, Opp. Swagat ERTSbus Stop,Ambli Bopal Road, Ambli,Ahmedabad - 380 058
Tel: 02717-488611 I E-Mail: info@prabhaenergy.com IWeb: www.prabhaenergy.com ICIN:L40102GJ2009PLC057716
Ranchi Office: 4th Floor, Rishab Complex, Opposite Ashoknagar Road No4,Landmark: Above Bank ofIndia, Ranchi -834 002