Category: Business

Pithampur, Dhar (Madhya Pradesh) [India]: Technoflex Steel India Pvt Ltd is pleased to announce that it will be building a new technologically sophisticated factory for electric conduit pipes in the Special Economic Zone (SEZ) at Pithampur, Dhar, Madhya Pradesh. It is a welcome step towards new business and industry concepts.

This new division will radically enhance the company’s growth, and it shows that Technoflex is dedicated to combining India’s industries with new ideas, world-class engineering, and long-term growth. The new factory will serve the domestic and export markets, and it will establish industry standards for product quality and operating performance.

Future-Ready Manufacturing: Helping Local Development

The new Pithampur unit would likely help the region grow by employing semi-skilled and skilled personnel and bettering the livelihood of people working in the logistics, raw material supply chains, and ancillary services.

The factory is situated in one of Central India’s most industrialized areas, and therefore, it ought to be able to recruit staff from Dhar, Indore, and the surrounding area. This will further support the local economy and foster business growth.

Committed to Export Readiness and Global Reach

The factory, once set up, will be made to deliver world-class electrical conduit pipes with international levels of durability and regulatory compliance. Emphasis will be placed on catering to large-scale infrastructure projects, smart cities, and premium power distribution networks for both the developed and the emerging economies.

Leveraging the benefits of SEZ status, Technoflex plans to rationalize global operations and enhance its export competitiveness in strategic markets in Asia, the Middle East, and Africa.

In keeping with the “Startup India” Vision

This proposal for expansion is entirely in line with the Startup India initiative of the Government of India, which aims to foster entrepreneurship, job creation, and innovation-led development. 

The new plant will boast advanced engineering systems, automated quality control systems, and green manufacturing processes, making Technoflex one of India’s top industrial transformation leaders.

With a stellar history of providing precision-engineered steel conduit solutions, Technoflex Steel India Pvt Ltd aims to scale its operations while working towards supporting the vision of making India future-ready.

Innovation Hub and Product Diversification

Apart from mass production, the new facility is conceptualized as a centre of innovation, where the company will launch cutting-edge versions of conduit pipes, speciality fittings, and smart cable management systems. The company is also seeking strategic alliances and distribution partnership deals to bring these solutions to various industries like construction, telecom, EV charging infrastructure, and smart grids.

About Technoflex Steel India Pvt Ltd

Technoflex Steel India Pvt Ltd is a top-notch manufacturer of steel pipes, conduit systems, and electrical infrastructure components. With headquarters in Indore, the company has established itself as a precision engineering-based, product-strong, and customer-driven innovation-focused firm. From strong operating standards and a widening global reach, Technoflex keeps providing infrastructure-ready solutions, enabling industrial development in markets.

Reach out: info@technoflex.in

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Trivandrum (Kerala) [India], August 6: Kerala launched Zero Footmarks by India’s VKC, the first responsible disposal of post-consumer footwear in India. India’s VKC in association with Suchitwa Mission of Kerala Government launched this landmark project in India.

Zero Footmarks was launched by India’s VKC Chairman, Sri. VKC Mammed Koya at Trivandrum.

The pilot project was rolled out at Trivandrum, the capital city of Kerala today.

India’s VKC plans to extend this project throughout the whole of India including the remotest villages in India, the way it launched India’s first ShopLocal programme in the country to bring back footfalls in the neighbourhood shops after the COVID-19 pandemic. 

Zero Footmarks by India’s VKC is a unique project in India and probably the first in Asia that collects post-consumer footwear from the common man and helps them create value for the society. 

Zero Footmarks by India’s VKC is a project that creates responsible citizens and it streamlines a new responsibility in creating a conscious customer. The project was conceived by the Managing Director of India’s VKC, Sri. VKC Razak in response to a letter to the Footwear Manufacturers in Kerala by the Executive Director of Suchitwa Mission, Kerala, Sri U. V. Jose IAS (Rtd.), on the need for Footwear Waste Management in December 2024.

The project is a very simple exercise – the customer can buy any brand from India’s VKC from the listed shop in the neighbourhood and India’s VKC will take the responsibility of disposing of the used footwear of the customer responsibly. One post-consumer footwear can be returned only for one footwear purchase of any brand from India’s VKC.

The collected post-consumer footwear is then picked up by a responsible partner and it is recycled if it is fit for recycling or if it is not recyclable, it is disposed of responsibly.

Zero Footmarks is India’s first footwear project that creates a value for post-consumer footwear.

The project has multiple dimensions – the local neighbourhood shop keepers are engaged as collection centres, the customers are educated on the need to return their used footwear to these listed shops and about disposing post-consumer footwear responsibly, a sustainability focused partner is associated to pick up the post-consumer footwear from these shops, segregate it as recyclable and non-recyclable, the recyclable ones are recycled and the non-recyclable ones are disposed of responsibly.

Zero Footmarks project is an innovative project to create responsible citizens who are responsible for knowing where the post-consumer footwear is going as waste. This is a direction for the society to have a concern about how the waste generated is disposed of responsibly. 

As an innovative idea, the Zero Footmarks project also creates a productive thinking process regarding the waste disposal for children and the younger generation.

“Zero Footmarks is all about creating a Conscious Customer, who is concerned about the future of planet earth and how the consumption wastage is disposed of responsibly to have a cleaner planet for the generations to come”, said VKC Razak, Managing Director, India’s VKC.

Zero Footmarks project is focused on creating a good customer consciousness similar to the ShopLocal project rolled out by India’s VKC with the intention of bringing back the customers to the neighbourhood shops across India, in the aftermath of the COVID 19 pandemic. India’s VKC Shop local programme in 2021 engaged close to 2 lakh neighbourhood shops across India.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

New Delhi [India], August 5: SamBlogs, a global leader in SEO innovation, announces a breakthrough service designed to help businesses secure visibility not just on Google, but also across the rapidly growing AI-driven discovery space — including platforms like Perplexity, ChatGPT, Gemini, Perplexity, Claude, and Notion-based knowledge repositories.

By strategically placing brands inside the content ecosystems these AI tools draw from, SamBlogs becomes the first agency to offer a complete Generative Engine Optimization (GEO) solution — ensuring that clients are visible in AI citations, summaries, and answer boxes where millions of users now seek information.

“As more people turn to AI platforms for answers, being absent from these models means missing out on a massive audience,” said Vikas Singal, Founder of SamBlogs. “We’re not just optimizing for search engines anymore — we’re optimizing for the engines of the future.”

Key Features of the New Service:

• AI-Centric Backlinks & Mentions: Placement in AI-readable, AI-trainable sources, including Perplexity profiles, Claude-referenced content, Gemini link hubs, Notion-based authoritative databases and more.
• Citation-Focused Strategy: Directly influencing the reference materials AI models pull from to generate their responses.
• First-Mover Advantage: A unique service unavailable anywhere else, giving brands an early lead in AI discoverability.

Why Businesses Should Care:

• AI platforms like Perplexity and Gemini are becoming search engines in their own right — showing sources and backlinks within their responses.
• Consumer behaviour is shifting — users now ask AI tools (like ChatGPT and Claude) first, bypassing traditional Google searches.
• Generative Engine Optimization is the next evolution of SEO — and SamBlogs is at the forefront of this transformation.

With this launch, SamBlogs is setting a new benchmark for visibility in the AI era, enabling brands to dominate across search engines and generative AI platforms — securing relevance wherever customers are searching.

About SamBlogs

Founded by SEO strategist Vikas Singal, SamBlogs has served over 4,000 clients worldwide, achieving rankings for 10,000+ keywords. Known for its forward-looking approach and data-driven results, SamBlogs continues to redefine the boundaries of digital marketing by staying ahead of every major shift in online visibility.

Media Contact:

Email: Sam@SamBlogs.com
Phone: +91 9828080195
Website: www.samblogs.com

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Kochi (Kerala) [India], August 6:  “Reimagine Kerala 2025” concluded as a dynamic, high-energy exchange of ideas, marking the official establishment of the Indian Chamber of Commerce (ICC) Kerala Council. Held at Le Meridien, Kochi, the inaugural event brought together 20 thought leaders from diverse sectors, each presenting two transformative ideas in a rapid-fire format. This unique approach fostered a sense of urgency and possibility, as voices from across Kerala’s entrepreneurial, academic, creative and industrial communities shared visions both bold and deeply rooted in local realities, aiming to shape the state’s future growth story.

The ideas presented reflected a unique blend of innovation, sustainability and cultural relevance, showcasing the vast potential within Kerala. From pioneering concepts like India’s first synthetic biology ecosystem for spices and AI-driven legal tools, to crucial initiatives such as women’s employment platforms, arts-based learning centres and smart elder care infrastructure, the breadth of topics were remarkable. Discussions ranged across healthcare reform, agritech, startup talent engines and digital creative hubs, underscoring the diversity of Kerala’s strengths and a collective appetite for reimagining what’s possible for the state.

The event saw enthusiastic participation from around 100 attendees, including prominent business leaders, entrepreneurs and ecosystem enablers from across Kerala, creating a vibrant platform for dialogue and collaboration. The national significance of this initiative was highlighted by the presence of Mr. Abhyuday Jindal, President of ICC and Managing Director of Jindal Stainless and Dr. Rajeev Singh, Director General of ICC, who attended in person. Mr. Ameya Prabhu, Past President of ICC, also joined virtually, further emphasizing the Chamber’s commitment to its expansion in the state.

Speaking on the occasion, Mr. Vinay James Kynadi, Chairman, ICC Kerala Council, stated, “ICC’s Kerala Council will curate the 40 ideas shared today and work toward bringing them to fruition by mapping viable action plans, setting up focused sectoral committees and forging the right partnerships and relationships.” Mr. Abhyuday Jindal, President, Indian Chamber of Commerce, added, “This is an initiative by which ICC aims to hear from stakeholders in different industries in Kerala about how they think positive change can be brought about in the state.” Dr. Rajeev Singh, Director General, Indian Chamber of Commerce, further highlighted, “ICC has a global network with offices in 15 states across India and 25 countries worldwide. We believe Kerala will benefit from the synergies that can arise from ICC’s network, its 100-year heritage and deep experience in enabling and promoting trade and commerce.”

Above all, “Reimagine Kerala 2025” showcased a collective will to move beyond traditional silos and spark actionable change. The ICC Kerala Council now carries forward this significant momentum, committed to curating and championing these innovative ideas as part of its broader vision to shape a more inclusive, prosperous and future-ready Kerala. This event marks a pivotal step in the Chamber’s journey to foster entrepreneurship, advocate for progressive policies and enable cross-sector collaboration within the state.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Surat (Gujarat) [India], August 6: A few years ago, catching an IMAX film meant a long drive to Ahmedabad or a flight to Mumbai. It wasn’t a casual evening plan – it was a commitment. That’s what made last weekend feel different in Surat. For the first time, folks walked into a theatre right here in the city, grabbed their popcorn, and settled into an IMAX auditorium. No travel. No compromise.

The credit goes to Rajhans Cinemas, who recently launched the city’s first IMAX screen at their Precia multiplex. It’s part of their 14-screen setup – one of the largest in the country – but this one screen is already making the most noise.

Inside, it’s not just bigger. The screen curves slightly, the sound fills the space from all angles, and scenes feel a bit more alive. For a city that loves its cinema, this feels like a quiet upgrade that many didn’t know they were waiting for.

A Practical Leap, Not Just a Flashy One

To be fair, Surat isn’t new to luxury theatres. But IMAX, with its specific technology – laser projection, high-contrast visuals, and that signature immersive audio – was still out of reach. Not anymore.

“This isn’t about bringing a trend to Surat,” says Jayesh Desai, Chairman of Rajhans Group. “It’s about matching expectations. Audiences today are very aware of what’s possible. They deserve the best, wherever they are.”

And from what we’ve seen, the interest has been solid. Bookings were steady from day one. Shows filled up, especially for action films and big-budget releases. People came back for second viewings. Some just came out of curiosity.

What’s interesting is how natural it all feels. The IMAX experience hasn’t been hyped up too much – it’s simply been made available. And people have responded in their own way.

Not Just Bigger Cities Anymore

In India, IMAX screens are still mostly seen in major metros – Mumbai, Delhi, Bangalore. Surat’s inclusion in that list is a sign of the times. Cities outside the top tier are growing fast. People have more disposable income, higher expectations, and a stronger pull toward shared experiences.

Rajhans Cinemas seems to have understood that shift. Their network is growing rapidly, with over 160 screens already running across the country and new projects underway in places like Noida, Chandigarh, Pune, and Chennai. But this move in Surat feels personal.

Maybe because it’s home ground for them. Or maybe because it’s the kind of city where word-of-mouth still matters more than marketing.

A Theatre That Feels Like a Choice Again

There was a time when people questioned the future of movie theatres. With so many streaming platforms and massive home TVs, why go out? But the IMAX experience reminds you – some things still feel different when shared.

Films like superhero sagas or high-stakes thrillers just hit harder with booming sound and large visuals. More importantly, they bring people together. In Surat, that’s always been part of the charm – going to the movies is still a group affair, not just an individual escape.

“Introducing IMAX was something we planned for a long time,” Jayesh Desai adds. “We wanted to do it right. Seeing people enjoy it, without us needing to oversell it, feels like a win.”

There’s a quiet confidence in that. No big banners, no celebrity cut-ribbons – just a better experience, offered simply. With 65 additional screens across 15 locations under development and slated for completion by mid-2026, Rajhans Cinemas is redefining how India watches movies.

What Comes Next?

It’s early days still, but the early signs are encouraging. IMAX in Surat isn’t just a novelty – it’s becoming a regular part of weekend plans. And that’s the real success here. Not flashy launches, but steady, honest adoption.

If anything, it shows that good experiences don’t need dramatic packaging. Sometimes, just making something accessible is enough. Rajhans Cinemas has done that with IMAX. And Surat, with its usual no-fuss spirit, has welcomed it just as quietly.

It’s not the kind of revolution that makes headlines. But it is the kind that changes habits.

Mumbai (Maharashtra) [India], August 6: Focus Lighting & Fixtures Limited.(NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, announced its Unaudited Financial Results for Q1 FY26.

Q1 FY26 Key Financial Highlights

	Consolidated		Standalone
Particulars (₹ Cr)	Q1 FY26	Q1 FY25	Q1 FY26	Q1 FY25
Total Income	42.11	55.28	41.03	31.28
EBITDA	4.95	12.05	4.29	4.77
EBITDA Margin (%)	11.76	21.80	10.46	15.25
Net Profit	2.16	9.07	1.55	2.45
Net Profit Margin (%)	5.12	16.41	3.78	7.82
Diluted EPS (₹)	0.33	1.36	0.23	0.36

Q1 FY26 Consolidated – Other Key Highlights

• Segment-wise Revenue Breakdown:
• Retail Lighting: ₹ 28.30 Cr
• Home Lighting: ₹ 8.08 Cr
• Infrastructure: ₹ 4.87 Cr
• Railways: ₹ 0.19 Cr

Commenting on the performance, Mr. Amit Sheth, Managing Director of Focus Lighting & Fixtures said, “We are pleased with the progress made during the quarter, the recent project wins from reputed clients and the addition of a key government empanelment reflect our continued focus on quality, reliability, and customer-centric solutions. The completion of our stake acquisition in Xandos Lighting marks a strategic step forward in strengthening our design-led lighting capabilities.

The lighting industry is evolving rapidly, with growing emphasis on energy-efficient solutions and the integration of smart technologies. In India, rising urbanization and infrastructure development are driving increased adoption of LED lighting, creating a favorable environment for sustainable growth.

Looking ahead, we remain committed to expanding our offerings, leveraging industry trends, and deepening our presence across both institutional and infrastructure segments. Our long-term focus is on delivering innovative lighting solutions that align with market needs and support our growth journey.”

Q1 FY26 Result Highlights of Focus Lighting & Fixtures Limited                                                                  

Secures Contracts	Secured three commercial lighting contracts worth ₹9.11 Cr from Marwadi Educare Foundation, Avid AV Technologies, and Lightalive Solutions for the supply of lighting fixtures.
Acquires 100% Stake in Xandos	Acquired the remaining 49% stake in Xandos Lighting, making it a wholly-owned subsidiary.
Empanelled for Government Projects by the Gujarat R&B Department	Empanelled by Gujarat’s R&B Department for FY25–26, Focus Lighting’s “PLUS LIGHT TECH” and “TRIX” products are now eligible under Category III for various government infrastructure projects.
New Order	Secured a ₹10.5 Cr order from L&T Construction Division for the supply of advanced LED lighting and fixtures, to be executed over eight months.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Mumbai (Maharashtra) [India], August 6: Repono Limited (BSE:  544463), one of a leading provider of 360-degree warehousing and liquid terminal solutions to India’s oil and petrochemical sector, has announced two significant contract developments post its recent successful listing on the BSE SME platform, collectively valued at over ₹10 Cr.

Declared L1 Bidder and Awarded Work Order for Oil India’s EOR Facility

In a significant development, Repono has been declared the Lowest (L1) Bidder and has received the work order for the Operations & Maintenance of the Water Injection Plant at Oil India Limited’s Enhanced Oil Recovery (EOR) unit. The contract, valued at ₹5.2 Cr, is expected to commence in September 2025, following the completion of initial mobilization and related formalities.

Operations Commence at MRPL Refinery, Mangalore

In another development, Repono has commenced end-to-end Material Handling Services at the prestigious MRPL Refinery in Mangalore in July 2025. The ₹4.92 Cr contract encompasses integrated material movement across MRPL’s warehouses, yards, and sheds. This engagement marks a key expansion into one of India’s most strategically important refining zones, reinforcing Repono’s position as a trusted partner in critical infrastructure operations.

The win reflects Repono’s proven capabilities in managing mission-critical upstream infrastructure, where precision, uptime, and technical competence are paramount. It also highlights the company’s ability to deliver reliable O&M solutions in high-pressure environments, aligned with the stringent standards of leading oil sector PSUs.

Commenting on the development Mr. Dibyendu Deepak, Managing Director of Repono Limited said, “We are pleased with the pace of progress we’ve made in a short span of time. Starting operations at MRPL and being selected as the lowest bidder for the Oil India project, for which we have now received the work order, are important milestones for us. These wins reflect the growing trust in our capabilities and the dedication of our team on the ground.

As we step into this new chapter, we remain focused on delivering value through dependable execution, safety-first operations, and a problem-solving mindset. There is a long road ahead, and we are excited about the opportunities that lie before us. With every new engagement, we are strengthening our foundation to serve India’s energy and infrastructure sectors more meaningfully.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

 

Mumbai (Maharashtra) [India], August 6: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has announced the official launch of its employee-centric mobile application, ‘EMERALD EWA’, now available on the Google Play Store.

Exclusively accessible to employees of companies registered with Emerald, the EMERALD EWA app represents a major step forward in digitizing and streamlining access to earned salaries. The launch reinforces Emerald’s commitment to empowering the modern workforce with responsible, tech-enabled financial solutions that address short-term liquidity needs—instantly and securely.

The app is powered by Emerald’s proprietary, API-driven platform that integrates seamlessly with employer payroll systems and time-tracking software. This real-time integration enables employees to access up to 40% of their earned salary—at any time during the pay cycle—through a fully automated system. The repayment is deducted directly from their salary on payday, ensuring zero delinquencies and nil NPAs since inception.

The company generates revenue through a nominal processing fee of 1.5% to 2% per transaction. This structure has consistently yielded an internal rate of return of around 24% annually, supported by high operational efficiency and a robust risk-mitigation model.

Comment on the EWA Program Mr. Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, “We are proud to launch the EMERALD EWA app, which marks a major milestone in our digital transformation journey. This platform is designed to empower employees of our partner corporates with instant, flexible access to their earned wages—eliminating dependency on high-cost credit while promoting financial wellness.

From a business perspective, the app not only enhances user engagement and service delivery but also strengthens our recurring revenue model through higher transaction volumes and deeper client integration. As we continue to scale, this mobile-first approach will serve as the foundation for rolling out additional salary-linked financial products such as personal loans, gift vouchers, and invoice discounting—unlocking new growth opportunities.

We believe this launch is a strong step toward positioning Emerald Finance as one of the leaders in India’s evolving earned wage access landscape and a trusted financial partner for the country’s workforce.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Mumbai (Maharashtra) [India], August 5: Lord’s Mark Industries Ltd, a prominent and rapidly growing Indian conglomerate with business interests spanning healthcare, diagnostics, renewable energy, and cutting-edge technology, is poised to make its mark on the capital markets with an upcoming listing on the Bombay Stock Exchange (BSE). This milestone move reflects the company’s strategic ambition to elevate its presence, not just within India, but across global business landscapes.

This listing follows the company’s recent National Company Law Tribunal (NCLT) clearance for the merger with Lord’s Mark India Ltd (formerly Kratos Energy and Infrastructure Ltd) — a significant development that is reshaping the group’s business trajectory. The merger is designed to unlock operational efficiencies, enabling greater resource optimisation, streamlined management, and robust expansion into new verticals.

Beneficial Share Swap for Investors

As part of the merger structure, shareholders of Lord’s Mark Industries Ltd will be entitled to a share swap ratio of 1:1.25. For every share held in Lord’s Mark Industries Ltd, investors will receive 1.25 shares in the newly consolidated Lord’s Mark India Ltd. This favourable ratio underscores the company’s commitment to creating value for its shareholders and supports the vision of building a stronger, more dynamic corporate entity.

Strong Global Investor Backing and Strategic Partnerships

The announcement of the BSE listing has also been accompanied by significant interest from international investors, demonstrating robust confidence in Lord’s Mark Industries’ diversified business approach, resilience, and forward-looking strategies. Notably, the company has received a high-value proposal for a global partnership concerning its Medtech product line—a flagship portfolio in the green energy segment. This partnership is poised to accelerate the company’s international reach and solidify its standing as a key player in the renewable energy market.

Capital Market Journey: BSE Launch, NSE on the Horizon

The BSE listing serves as the launchpad for Lord’s Mark Industries’ wider capital market journey. With eyes set on further growth, the company has initiated plans to pursue a listing on the National Stock Exchange (NSE) within the next six months. This dual-exchange presence is anticipated to boost stock liquidity, expand the investor base, and enhance visibility among both domestic and foreign institutional investors. The NSE listing will also offer better price discovery and increased access to capital—factors that are crucial for the company’s future growth plans.

To know more, visit: www.lordsmark.com

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Mumbai (Maharashtra) [India], August 6: Shera Energy Limited (NSE – SHERA),is one of the leading manufacturers of winding wires and strips made from non-ferrous metals, has announced its un-audited Financial Results for Q1 FY26.

Q1 FY26 Consolidated Key Financial Highlights

• Total Income of ₹ 387.81 Cr, YoY growth of 31.14%
• EBITDA of ₹ 19.34 Cr, YoY growth of 15.34%
• PBT of ₹ 9.61 Cr, YoY growth of 52.41%
• Net Profit of ₹ 7.05 Cr, YoY growth of 49.19%
• Diluted EPS of ₹ 2.24, YoY growth of 28.74%

Commenting on the Performance, Mr. Naseem Shaikh, Chairman and Managing Director, Shera Energy Limited expressed, “We concluded the first quarter of FY26 with strong momentum, marked by both financial growth and strategic progress. Our consolidated performance reflects healthy demand across key sectors and the continued strength of our integrated business model.

One of the most significant milestones this quarter was the acquisition of a copper cathode manufacturing facility in Zambia through our wholly owned subsidiary, Shera Zambia Limited. This move strengthens our backward integration capabilities, providing assured access to high-purity copper, a critical input for our products. It enhances our cost structure, supports margin expansion, and reinforces long-term supply chain resilience. The successful NSE listing approval of our preferential equity shares further underscores investor confidence and strengthens our capital base for future expansion.

Our growth trajectory is well aligned with the evolving needs of both global and domestic markets. The global winding wire market is projected to grow from USD 14.88 billion in 2024 to USD 23.02 billion by 2030, driven by rising demand from the automotive, industrial machinery, electronics, and renewable energy sectors. As one of the leading manufacturers of high-quality winding wires and non-ferrous metal products, Shera Energy is well-positioned to capitalize on this momentum. Additionally, the increasing demand for copper—fueled by electric vehicles, energy transition, and infrastructure development—reinforces the strategic importance of our recent initiatives.

Looking ahead, we remain focused on scaling our operations, expanding our global presence, and delivering innovative, value-added products across our portfolio. With the non-ferrous metals market expected to witness strong and sustained growth—particularly in India at a projected CAGR of over 5% till 2033—Shera Energy is committed to seizing these opportunities through technological advancement, supply chain optimization, and sustainability-driven manufacturing. We are confident that our integrated business model, supported by strong industry fundamentals, will enable us to accelerate growth and create long-term value.”

Q1 FY26 Key Business Highlights

Acquisition of Copper Cathode Plant in Zambia	Acquires copper cathode plant in Zambia via Shera Zambia Limited. Produces 99.99% pure copper from local copper oxide ores. Initial capacity: 1,200 MT/year; target to scale up to 5,000 MT. Supports backward integration
Secures NSE Listing Approval	Received NSE listing approval of 16,51,000 preferential equity shares. Paid-up capital increased to ₹24.44 Cr.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.