Prabha Energy Limited's Board of Directors, in a meeting held on December 26, 2025, approved a Rights Issue to raise funds up to ₹19,000 Lakhs (₹190 crore). The issue will be for equity shares with a face value of ₹1 each, on terms and conditions to be decided by the Rights Issue Committee. This is subject to regulatory and statutory approvals. The Board also approved the constitution of a Rights Issue Committee. In significant management changes, Mr. Shanil Paras Savla was appointed as an Additional Executive Director and re-designated as Managing Director, effective January 01, 2026, subject to shareholder approval. Mr. Savla, aged 30, holds degrees in Mechanical Engineering and an MBA from the USA, with over 5 years of experience in the Oil and Gas Industry. Concurrently, Mr. Shail Manoj Savla tendered his resignation from the office of Managing Director due to personal reasons, effective December 31, 2025. He will also cease to be a member of the Stakeholder Relationship Committee. The Board meeting commenced at 2:30 PM and concluded at 5:30 PM.