Shera Energy Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as “Shera Energy Private Limited” at Jaipur as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated December 08, 2009, issued by the RoC. Pursuant to a Slump Sale agreement dated December 31, 2009, the entire business activities and movable assets of “Shera Metals and Engineers”, proprietorship firm of our individual Promoter Mr. Sheikh Naseem, was acquired as a going concern. Subsequently, our Company was converted into a public limited company under the Companies Act, 2013, pursuant to the approval accorded by our Shareholders at their extra-ordinary general meeting held on May 11, 2022. Consequently, the name of our Company was changed to “Shera Energy Limited” and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued to our Company by the RoC on June 02, 2022 and our Corporate Identification Number (CIN) is U31102RJ2009PLC030434.

MAJOR EVENTS AND MILESTONES

2009
Incorporated under the Companies Act, 1956 (No. 1 of 1956) as a private limited company pursuant to a takeover of the all the business activities and movable assets of a unit of a proprietorship firm by the name of M/s Shera Metals and Engineers.

2015
Investment in our company by Emerging India Growth Fund CVCF – V.

2020
Vendor Approval Validation from Power Grid Corporation of India, a GoI Enterprise, for Enamelled (Copper & Aluminium), PICC and PIAC conductors for Power and Distribution transformers up to 33KV class.

2022
Shera Energy Private Limited became a Limited Company.

2023

-Company received Non Ferrous Metal Manufacturing Excellence Award.

-Company received India's Leading Manufacturer in Non Ferrous Metals 2023.

-''Shera Group embedded new product line with the existing business lines of the group''.