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Shera Energy board meeting outcome announcements

Every Shera Energy board meeting outcome announcement on NSE and BSE, newest first, each with its own page.

Time

6 announcements with these filters

15:24 IST NSE
Board Meeting OutcomeShera Energy Ltd SHERA

Shera Energy Board Meeting Outcome

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.

Value
₹53.10 Cr
Execution
18 months
15:17 IST NSE
Board Meeting OutcomeShera Energy Ltd SHERA

Shera Energy Board Meeting Outcome

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.

Value
₹53.10 Cr
Execution
18 months