ALPHA TRIBE

Sarda Energy & Minerals LimitedOthers, 02-08-2025: Change in Management

02-08-2025 | 03:43 pm

Sarda Energy & Minerals has approved its first quarter financial results. Consolidated Revenue from Operations reached ₹1,633.11 Cr, with Profit After Tax attributable to owners at ₹434.36 Cr. These figures include the SKS Power Generation acquisition, impacting comparability. The company plans to seek shareholder consent for raising up to ₹1,000 Cr via debt instruments, signaling potential expansion. Governance updates include proposed re-appointments of key directors and amendments to company articles, including adjusting director age limits and facilitating lender-nominated directors. A record date of August 22 has been set for the FY2024-25 dividend.

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