ALPHA TRIBE

Shera Energy LimitedQIP/Rights/Pref., 15-07-2026: Allotment of Securities

15-07-2026 | 03:10 pm

Shera Energy's Board has approved allotting 45 lakh Fully Convertible Warrants at ₹118 each. Promoters received 41 lakh warrants, and non-promoters 4 lakh. This preferential allotment brings in ₹13.27 Cr initially, leading to a promoter holding increase from 62.35% to 66.82% upon full conversion.

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