Shera Energy Board Meeting Outcome
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.
- Value
- ₹3.52 Cr
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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 Limited approved its unaudited standalone and consolidated financial results for the quarter ended 30th June, 2026, during its board meeting.
Shera Energy Limited's board approved a ₹53.10 Crore fundraise through the issuance of 45,00,000 convertible warrants at ₹118 each to promoter and non-promoter groups. The board also approved increasing the authorized share capital to ₹30.50 Crore and convening an EGM on May 15, 2026, to seek shareholder approval for these matters.
Shera Energy Limited's board approved raising ₹53.1 Crore via the preferential issuance of 45 lakh convertible warrants at ₹118 each. The company also proposed increasing its authorized share capital to ₹30.5 Crore and convened an EGM for May 15, 2026. The warrants are convertible into equity within 18 months.
Shera Energy Limited has scheduled a Board Meeting for April 16, 2026. The agenda includes reviewing a proposal for a fund raise via preferential issue and an increase in authorized share capital. Trading windows for designated persons remain closed until June 30, 2026.
Shera Energy Limited has scheduled a Board Meeting for April 17, 2026, to consider fundraising through a preferential issue. The board will also discuss increasing the company's authorized capital. The trading window remains closed until June 30, 2026.