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Prabha Energy Limited · PRABHA
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Prabha Energy Limited has filed a statement of deviation for the utilisation of funds raised through a rights issue, stating that there is no deviation in the use of funds.
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Full Announcement
Prabha Energy Limited has informed the Exchange regarding 'Statement of deviation'.
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PRABHAENR_30072026183626_Intimation.pdf
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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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........ Prabha
.....
Energy
Limited
Annexure -A
STATEMENTOFDEVIATIONORVARIATIONFORTHEPROCEEDSOFRIGHTSISSUE
Statement on deviation / variation in utilisation offunds raised
Name of Listed Entity Prabha EnergyLimited
Mode ofFund Raising RightsIssue
Date ofRaising Funds April09,2026
Amount Raised Rs.4,733.09 Lakhs(refernote below)
Report filed for Quarter ended June30,2026
Monitoring Agency Applicable
Monitoring Agency Name, ifapplicable CARERatingsLimited
Isthere a Deviation / Variation inuse of No
funds raised
If yes, whether the same is pursuant to
change in terms of a contract or objects,
which was approved bythe shareholders
IfYes,Date ofshareholder Approval NotApplicable
Explanation for the Deviation / Variation
Comments ofthe Audit Committee after NoComments
review
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 Modified Original Modified Funds Amount of Remarks if
Object, if Allocation allocation, Utilised Deviation/ any
any ifany Variation
for the
quarter
according
applicable
object
Repayment / pre- Nil 12,500.00 0 4,680.59 0 Unutilised
payment, infull amount ofRs.
or inpart, of 5.371akhs
certain which islying
outstanding inthe
borrowings/loans monitoring
availed byour bank account
Company ason 23
including the June,2026.
interest accrued
thereon -
General Nil 1,368.35 0 0.00 0
Corporate
Purposes
( ~ HM~DABAO,..,
Issue related Nil 52.50 0 47.13 0
expense ~O' \ .~
~'*-..#.
Regd. Office: 12A, Abhishree Corporate Park, Opp.Swagat BRTSbus 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
....•...
Prabha
Energy
Deviation or variation could mean:
a) Deviation in the objects or purposes for which the funds have been raised or - Not Applicable
b) Deviation in the amount offunds actually utilized as against what was originally disclosed or- Not
Applicable
c) Change in terms ofa contract 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) and Rs.47.52
(Le.33% ofthe Issue price) per Rights Equity Share has been received on First call (ofwhich Rs.0.33
towards face value ofRights Equity Share and Rs.47.19 towards premium amount).
Regd. Office: 12A ,Abhishree Corporate Park, Opp. Swagat BRTSbus 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
.<4 ,. Prabha
......
& .....,.
.-• • Energy
Limited
Annexure - A.l
STATEMENTOFDEVIATIONORVARIATIONFORTHEPROCEEDSOFRIGHTSISSUE
Statement on deviation / variation inutilisation offunds raised
Name ofListed Entity Prabha EnergyLimited
Mode ofFund Raising RightsIssue
Date ofRaising Funds June25,2026
Amount Raised Rs.4,228.00 Lakhs(refer note below)
Report filed for Quarter ended June30,2026
Monitoring Agency Applicable
Monitoring Agency Name, ifapplicable CARERatingsLimited
Isthere a Deviation / Variation in use of No
funds raised
If yes, whether the same is pursuant to
change in terms of a contract or objects,
which was approved by the shareholders
IfYes,Date ofshareholder Approval NotApplicable
Explanation for the Deviation / Variation
Comments ofthe Audit Committee after NoComments
review
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 Modified Original Modified Funds Amount of Remarks if
Object, if Allocation allocation, Utilised Deviation/ any
any ifany Variation
for the
quarter
according
applicable
object
Repayment / pre- Nil 12,500.00 0 4212.00 0 Unutilised
payment, infull amount ofRs.
or inpart, of 16.001akhs
certain whichislying
outstanding inthe
borrowings/loans monitoring
availed byour bank account.
Company
including the
interest accrued
thereon
General Nil 1,368.35 o 0.00 o
Purposes ~NE~
Issue related Nil 52.50 0 0.00 0 ~~~~~
expense { 1\
Regd. Office: 12A, Abhishree Corporate Park, Opp, Swagat BRTSbus Stop, Ambli Bopal Road, Arnbli,Ahme ~~~
Tel: 02717-488611 I E-Mail: info@prabhaenergy.com IWeb: www.prabhaenergy.com ICIN:L40102G]2009 "" ~
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 in the objects or purposes for which the funds have been raised or - Not Applicable
b) Deviation in the amount offunds actually utilized as against what was originally disclosed or- Not
Applicable
c) Change in terms ofa contract 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 ofRs.48.96 (i.e.
34% of the Issue Price) per Rights Equity Share has been received on application (of which Rs. 0.34
towards face value of Rights Equity Share and Rs. 48.62 towards premium amount) and Rs. 47.52
(i.e. 33% ofthe Issue price) per Rights Equity Share has been received on First call (ofwhich Rs. 0.33
towards face value of Rights Equity Share and Rs.47.19 towards premium amount).
For, Prabha Energy Limited
VisdJ~
Director &CFO
DIN: 09695011
Date: 30-July-2026
Place: Ahmedabad
Regd. Office: 12A, Abhishree Corporate Park, Opp. Swagat BRTSbus Stop, Ambli Bopal Road, Ambli,Ahmedabad - 380058
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