Prabha Energy MD, chairman and AGM
NSE: PRABHABSE: 544379OilSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹185.41.
28 Oct: open ₹187.74, high ₹190.01, low ₹179.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,647 Cr1,117th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 2,411.59
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 0.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −0.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.38
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 45,611
Prabha Energy's chairperson is Prem Singh Sawhney and its managing director Shanil Paras Savla, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 8 Sep 2026.
Prabha Energy board of directors
At the end of the quarter to Sep 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 · 126 months as independent · 1 listed board · 2 committee seats
- Vishal G PalkhiwalaExecutive · joined Aug 2022 · 49 months as independent · 1 listed board
- Shanil Paras Savla · Managing directorExecutive · joined Jan 2026 · 9 months as independent · 1 listed board · 1 committee seat
- Narayanan SadanandanIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 1 as chair
- Shaily Jatin DedhiaIndependent · joined Jun 2022 · reappointed Jun 2022 · 51 months as independent · 6 listed boards · 6 as independent · 4 committee seats, 4 as chair
- Shivangi Digant ShahIndependent · joined Nov 2025 · reappointed Nov 2025 · 10 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
- 30 Jul 20266 of 6 present3 independent · 68 days in between
- 22 May 20266 of 6 present3 independent
Audit Committee
Chair Shaily Jatin Dedhia
Prem Singh Sawhney, Shivangi Digant Shah
- 30 Jul 20263 of 3 present2 independent · 68 days in between
- 22 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Shaily Jatin Dedhia
Narayanan Sadanandan, Shivangi Digant Shah
- 30 Jul 20263 of 3 present3 independent
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
- 30 Jul 20264 of 4 present1 independent · 68 days in between
- 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.
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..
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
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 86.08% · promoters 98.29% · institutions 77.52% · other public 47.08%
- To appoint Mr. Prem Singh Sawhney (DIN: 03231054), who retires by rotation and being eligible, offers himself for reappointmentOrdinary100.00% 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%
- To Approve Material Related Party Transactions to be entered by the CompanyOrdinaryPromoters have an interest in it100.00% 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%
- To Approve re-appointment of Mr. Prem Singh Sawhney (DIN: 03231054) as the Executive Director of the CompanySpecial100.00% 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%
- Re-Appointment of Ms. Shaily Jatin Dedhia (DIN: 08853685) as an Independent Director for the second term of 5 (Five) consecutive yearsSpecial100.00% 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%
- 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 tranchesSpecial100.00% 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
- Appointment of Mrs. Shivangi Digant Shah (DIN: 11200412) as the non-executive independent director of the company.Special100.00% 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%
- Regularization of Mr. Shanil Paras Savla (DIN: 08763065) as the director of the company.Ordinary100.00% 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%
- Re-designate Mr. Shanil Paras Savla (DIN: 08763065) as the managing director of the companySpecial100.00% 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
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
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.61% · promoters 99.55% · institutions 2.71% · other public 50.56%
- To appoint a director in place of Shail Manoj Savla (DIN: 08763064), Director, who retires by rotation and being eligible offers himself for reappointment.Ordinary100.00% 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%
- To appoint Mr. Narayanan Sadanandan (DIN: 07263104) as the Non-Executive Independent Director of the companySpecial100.00% 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%
- To approve Material Related Party Transaction(S) proposed to be entered by the CompanySpecialPromoters have an interest in it99.17% 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%
- 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 it100.00% 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%
- To approve re-appointment of Mr. Vishal Gautambhai Palkhiwala (DIN: 09695011) as the Director of the CompanySpecial100.00% 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%
- To approve Disinvestment in Subsidiary CompanySpecial100.00% 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%
- Appointment of M/S RPSS & CO., Practicing Company Secretaries (Firm registration No. P2019GJ076200), as the Secretarial Auditors and fix their remuneration.Ordinary100.00% 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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeDepartment of Income Tax for A.Y. 2019-20Since 4 Oct 2024Hearing AwaitedAt 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 2025Hearing AwaitedAt 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. 2022-23Since 24 Mar 2024Hearing AwaitedAt 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 2018Hearing AwaitedAt 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. 2022-23Since 19 Jun 2025Reply Submitted to AOAt the filing before: Reply submitted to A.O. against notice u/s 143(1) for Deep Energy Resources Limited merged with Prabha Energy Limited
- Tax disputeDepartment of Income Tax for A.Y. 2018-19Since 9 Mar 2026Hearing AwaitedAt 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 13 Oct 2025Hearing AwaitedAt 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 2025Hearing AwaitedAt the filing before: Appeal Pending with JCIT Appeal for Savla Oil and Gas Private Limited merged with Prabha Energy Limited
1 more
- Tax disputeDepartment of Income Tax for A.Y. 2016-17Since 26 May 2025Hearing AwaitedAt 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
- 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
- No
- 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.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesApr 2026, checked by CARE Ratings Limited | 47.33 | Repayment / pre-payment, in full or in part, of certain outstanding borrowings/loans availed by our Company including the interest accrued thereon | 125.00 | 46.81 | No |
| Rights IssuesApr 2026, checked by CARE Ratings Limited | 47.33 | General Corporate Purposes | 13.68 | 0.00 | No |
| Rights IssuesApr 2026, checked by CARE Ratings Limited | 47.33 | Issue related expense | 0.53 | 0.47 | No |
| Rights IssuesJun 2026, checked by CARE Ratings Limited | 42.28 | Repayment / pre-payment, in full or in part, of certain outstanding borrowings/loans availed by our Company including the interest accrued thereon | 125.00 | 42.12 | No |
| Rights IssuesJun 2026, checked by CARE Ratings Limited | 42.28 | General Corporate Purposes | 13.68 | 0.00 | No |
| Rights IssuesJun 2026, checked by CARE Ratings Limited | 42.28 | Issue related expense | 0.53 | 0.00 | No |