Shera Energy Limited
Incorporated in 2003, Shera EnergyLtd manufactures non-ferrous metalproducts and its alloy products andwinding wires
What Shera files
- Others54
- Investor Meet32
- Important25
- Board Meeting22
- Updates18
- PPTs6
Shera Energy has appointed Branding Edge as its Investor Relations Advisory Agency. This strategic move aims to strengthen investor engagement, communication with shareholders, and interactions with market participants.
Shera Energy is hosting an Investor Meet. To boost accessibility, the company has added a live webinar for investors and stakeholders. This allows wider participation for those unable to attend the physical event.
SHERA reported strong Q1 results: Consolidated revenue hit ₹487.67 Cr, with PAT at ₹12.64 Cr. The company also secured approval to issue 4.5 million preferential warrants at ₹118 each, totaling ₹53.10 Cr, boosting future capital with ₹13.28 Cr already upfront.
SHERA Energy received NSE in-principle approval for listing 45 lakh new equity shares (₹10 face value), totaling ₹4.5 Cr. This follows conversion of warrants and will increase the publicly traded shares.
Shera Energy confirmed it's proceeding with a preferential issue of fully convertible warrants. The company, its promoters, and directors are not wilful defaulters. The valuation report for the warrants is available on the company website.