Investment24 Dec 2025, 04:04 pm
Sarda Energy & Minerals Ltd. Infuses Additional ₹ 48.23 Crore in Wholly Owned Subsidiary Sarda Energy Limited
AI Summary
Sarda Energy & Minerals Ltd. has infused a further sum of ₹ 48,22,78,100 in Sarda Energy Limited, a wholly owned subsidiary, for acquiring 2,83,693 equity shares. The investment is aimed at reducing loans and supporting day-to-day operational activities of Sarda Energy Limited.
Key Highlights
- Sarda Energy & Minerals Ltd. has invested ₹ 48.23 crore in Sarda Energy Limited, a wholly owned subsidiary.
- The investment is made through a rights issue, with the company subscribing to 2,83,693 equity shares at a premium of ₹ 1,690 per share.
- The objective of the fund infusion is to reduce loans and support operational activities of Sarda Energy Limited.
- Sarda Energy Limited is a wholly owned subsidiary of Sarda Energy & Minerals Ltd., incorporated in India on 22.04.2008.
- The company's performance in the last 3 years shows a steady total revenue, with ₹ 218.49 crore in 2024-25, ₹ 214.28 crore in 2023-24, and ₹ 215.04 crore in 2022-23.