Shera Energy's board approved investment in its subsidiary
Shera Energy Ltd's shares rose by 3% following its board's approval of a ₹4.15 crore investment in subsidiary Rajputana Industries Limited. This investment increases Shera Energy's ownership stake in the subsidiary to 73.91%. Rajputana Industries specializes in manufacturing non-ferrous metal products from recycled scrap metal, contributing to Shera Energy's diversification strategy.