Shera Energy Limited approved a ₹3.52 Crore investment for a 6.10% stake in Shera Global Ventures LLP to facilitate renewable energy procurement for captive consumption.
Shera Energy Limited's board approved a Rs. 3.52 crore investment in Shera Global Ventures LLP for a captive solar power park project. The company will also execute a PPA.
Shera Energy reported its highest quarterly revenue in Q1 FY27, driven by existing business operations and improved capacity utilization while scaling its integrated non-ferrous value chain.
Shera Energy Limited submitted its Annual Secretarial Compliance Report for FY 2025-26. This report confirms regulatory adherence required for its migration from SME to the Main Board.
Shera Energy Limited has appointed Branding Edge Strategic Communication and Advisory LLP as its new investor relations advisory agency to enhance stakeholder engagement and communication.
Shera Energy's board is exploring a scheme of amalgamation with its subsidiaries, Rajputana Industries and Shera Metal. A committee was formed to evaluate this restructuring.
Shera Energy Limited has scheduled a board meeting for July 24, 2026. The agenda includes considering a scheme of arrangement and other business matters.
Shera Energy Limited approved its unaudited standalone and consolidated financial results for the quarter ended 30th June, 2026, during its board meeting.
Acuité upgraded Shera Energy's long-term rating to ACUITE A-/Stable and short-term rating to ACUITE A2+. Total bank facilities rated stand at Rs. 262.61 Crore.
Shera Energy allotted 45 lakh convertible warrants at ₹118 each, totaling ₹53.1 Crore. Warrants are convertible into equity shares within 18 months of allotment.