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Prabha Energy MD, chairman, board of directors and AGM

NSE: PRABHABSE: 544379OilSmall Cap

Last close ₹174.45down ₹11.22 (6.04%)BSE ₹173.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹185.67.

52-week range of traded prices to 23 Oct 2026
₹137.91Low, 23 Jul 2026₹262.80High, 9 Sep 2026
Market cap
₹2,557 Cr1,117th largest listed
P/E
2,329.6
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
0.3%
ROCE
−0.1%
Debt to equity
0.38
Volume, NSE
1,29,37267.6% delivered

Prabha Energy board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonPrem Singh Sawhney
  • Managing directorShanil Paras Savla
  • Company Secretary and Compliance OfficerNikita Agarwalla

6 directors3 independent3 executive

  • Prem Singh Sawhney · ChairpersonExecutive · joined Mar 2016 · 1 listed board · 2 committee seats
  • Vishal G PalkhiwalaExecutive · joined Aug 2022 · 1 listed board
  • Shanil Paras Savla · Managing directorExecutive · joined Jan 2026 · 1 listed board · 1 committee seat
  • Narayanan SadanandanIndependent · joined May 2025 · reappointed May 2025 · 13 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 1 as chair
  • Shaily Jatin DedhiaIndependent · joined Jun 2022 · reappointed Jun 2022 · 48 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 2 as chair
  • Shivangi Digant ShahIndependent · joined Nov 2025 · reappointed Nov 2025 · 7 months as independent · 2 listed boards · 2 as independent · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • Shail Manoj Savla, left 31 Dec 2025: Others
  • Navin Chandra Pandey, left 12 Sep 2025: Others
  • Priyanka K Gola, left 24 Apr 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 22 May 20266 of 6 present3 independent · 100 days in between
    • 10 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair Shaily Jatin Dedhia

    Prem Singh Sawhney, Shivangi Digant Shah

    • 22 May 20263 of 3 present2 independent · 100 days in between
    • 10 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Shaily Jatin Dedhia

    Narayanan Sadanandan, Shivangi Digant Shah

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Shaily Jatin Dedhia

    Prem Singh Sawhney, Shanil Paras Savla

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Shanil Paras Savla

    Prem Singh Sawhney, Shaily Jatin Dedhia, Vishal G Palkhiwala

    • 22 May 20264 of 4 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s Mahendra N. Shah & CoPeer-review certificate valid to May 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Prabha Energy AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Prabha Energy share news and announcements

Annual general meeting, 8 Sep 2026

14,981 shareholders on the register on 1 Sep 2026; present: 14 promoters and 31 others; votes counted by Rajesh Parekh / RPSS & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements (including Balance Sheet and Statement of Profit and Loss) of the company for the financial year ended on 31st March, 2026 and the Reports of Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.08% · promoters 98.29% · institutions 77.52% · other public 47.08%

  2. To appoint Mr. Prem Singh Sawhney (DIN: 03231054), who retires by rotation and being eligible, offers himself for reappointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.08% · promoters 98.29% · institutions 77.52% · other public 47.08%

  3. To Approve Material Related Party Transactions to be entered by the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 12.01% · promoters 0.00% · institutions 77.52% · other public 45.60%

  4. To Approve re-appointment of Mr. Prem Singh Sawhney (DIN: 03231054) as the Executive Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.08% · promoters 98.29% · institutions 77.52% · other public 47.08%

  5. Re-Appointment of Ms. Shaily Jatin Dedhia (DIN: 08853685) as an Independent Director for the second term of 5 (Five) consecutive years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.08% · promoters 98.29% · institutions 77.52% · other public 47.08%

  6. To consider and approve raising of funds for an amount upto Rs. 150,00,00,000 (Rupees One Hundred Fifty Crores Only) through Qualified Institutions Placement basis, in one or more tranches
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.08% · promoters 98.29% · institutions 77.52% · other public 47.08%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 30 Jan 2026, 3 resolutions

13,665 shareholders on the register on 26 Dec 2025; votes counted by Rajesh Parekh / RPSS & Co..The company's voting result (opens in a new tab)

  1. Appointment of Mrs. Shivangi Digant Shah (DIN: 11200412) as the non-executive independent director of the company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 88.55% · promoters 98.29% · institutions 0.00% · other public 50.18%

  2. Regularization of Mr. Shanil Paras Savla (DIN: 08763065) as the director of the company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 88.55% · promoters 98.29% · institutions 0.00% · other public 50.18%

  3. Re-designate Mr. Shanil Paras Savla (DIN: 08763065) as the managing director of the company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 88.55% · promoters 98.29% · institutions 0.00% · other public 50.18%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 8 Aug 2025, 8 resolutions

13,772 shareholders on the register on 1 Aug 2025; present: 13 promoters and 25 others; votes counted by Rajesh Parekh / RPSS & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone and Consolidated Financial Statements (including Balance Sheet, Statement of Profit and Loss and Cash flow Statement) of the Company for the financial year ended on March 31, 2025 and the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.61% · promoters 99.55% · institutions 2.71% · other public 50.56%

  2. To appoint a director in place of Shail Manoj Savla (DIN: 08763064), Director, who retires by rotation and being eligible offers himself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.61% · promoters 99.55% · institutions 2.71% · other public 50.56%

  3. To appoint Mr. Narayanan Sadanandan (DIN: 07263104) as the Non-Executive Independent Director of the company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.61% · promoters 99.55% · institutions 2.71% · other public 50.56%

  4. To approve Material Related Party Transaction(S) proposed to be entered by the Company
    SpecialPromoters have an interest in it
    99.17% for0.83% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.88%

    Turnout: all 0.26% · promoters 0.00% · institutions 2.71% · other public 1.27%

  5. To approve revision of perquisite to be paid to Mr. Shail Manoj Savla, Managing Director (DIN: 08763064) of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 87.25% · promoters 96.61% · institutions 2.71% · other public 50.56%

  6. To approve re-appointment of Mr. Vishal Gautambhai Palkhiwala (DIN: 09695011) as the Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.61% · promoters 99.55% · institutions 2.71% · other public 50.56%

  7. To approve Disinvestment in Subsidiary Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 89.61% · promoters 99.55% · institutions 2.71% · other public 50.56%

  8. Appointment of M/S RPSS & CO., Practicing Company Secretaries (Firm registration No. P2019GJ076200), as the Secretarial Auditors and fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.61% · promoters 99.55% · institutions 2.71% · other public 50.56%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Fines and tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyBSE LimitedSince 18 May 2026

    Fine of INR 5,000 per day imposed for the period from March 19, 2026 to April 7, 2026 for non-compliance with the Minimum Public Shareholding (MPS) requirements.

    Non-compliance with the Minimum Public Shareholding (MPS) requirements prescribed under Rule 19 (2) and 19A of the Securities Contracts (Regulation) Rules, 1957 read with Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
  • Fine or penaltyNational Stock Exchange of India LimitedSince 18 May 2026

    Fine of INR 5,000 per day imposed for the period from March 19, 2026 to April 7, 2026 for non-compliance with the Minimum Public Shareholding (MPS) requirements.

    Non-compliance with the Minimum Public Shareholding (MPS) requirements prescribed under Rule 19 (2) and 19A of the Securities Contracts (Regulation) Rules, 1957 read with Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
  • Tax disputeDepartment of Income Tax for A.Y. 2019-20Since 4 Oct 2024
    Hearing Awaited
    At the filing before: Appeal Pending with CIT Appeal for Savla Oil and Gas Private Limited merged with Prabha Energy Limited
  • Tax disputeDepartment of Income Tax for A.Y. 2020-21Since 31 Mar 2025
    Hearing Awaited
    At the filing before: Appeal filed with CIT Appeal for Savla Oil and Gas Private Limited merged with Prabha Energy Limited
  • Tax disputeDepartment of Income Tax for A.Y. 2022-23Since 24 Mar 2024
    Hearing Awaited
    At the filing before: Appeal Pending with CIT Appeal for Savla Oil and Gas Private Limited merged with Prabha Energy Limited
  • Tax disputeDepartment of Income Tax for A.Y. 2016-17Since 10 Dec 2018
    Hearing Awaited
    At the filing before: Appeal Pending with ITAT Appeal for Deep Energy Resources Limited merged with Prabha Energy Limited
  • Tax disputeDepartment of Income Tax for A.Y. 2023-24Since 19 Jun 2025
    Reply Submitted to AO
    At the filing before: Reply submitted to A.O. against notice u/s 143(1) for Deep Energy Resources Limited
  • Tax disputeDepartment of Income Tax for A.Y. 2018-19Since 9 Mar 2026
    Hearing Awaited
    At the filing before: Appeal Pending with CIT Appeal for Savla Oil and Gas Private Limited merged with Prabha Energy Limited
3 more
  • Tax disputeDepartment of Income Tax for A.Y. 2020-21Since 13 Oct 2025
    Hearing Awaited
    At the filing before: Appeal Pending with JCIT Appeal for Savla Oil and Gas Private Limited merged with Prabha Energy Limited
  • Tax disputeDepartment of Income Tax for A.Y. 2020-21Since 28 Apr 2025
    Hearing Awaited
    At the filing before: Appeal Pending with JCIT Appeal for Savla Oil and Gas Private Limited merged with Prabha Energy Limited
  • Tax disputeDepartment of Income Tax for A.Y. 2016-17Since 26 May 2025
    Hearing Awaited
    At the filing before: Appeal Pending with JCIT Appeal for Deep Energy Resources Limited merged with Prabha Energy Limited

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Rights IssuesApr 2026, checked by CARE Ratings Limited47.33Repayment / pre-payment, in full or in part, of certain outstanding borrowings/loans availed by our Company including the interest accrued thereon125.0046.81No
Rights IssuesApr 2026, checked by CARE Ratings Limited47.33General Corporate Purposes13.680.00No
Rights IssuesApr 2026, checked by CARE Ratings Limited47.33Issue related expense0.530.47No
Rights IssuesJun 2026, checked by CARE Ratings Limited42.28Repayment / pre-payment, in full or in part, of certain outstanding borrowings/loans availed by our Company including the interest accrued thereon125.0042.12No
Rights IssuesJun 2026, checked by CARE Ratings Limited42.28General Corporate Purposes13.680.00No
Rights IssuesJun 2026, checked by CARE Ratings Limited42.28Issue related expense0.530.00No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.