About Lerthai Finance Ltd. 
Lerthai Finance Ltd.
Micro Cap
Miscellaneous
Lerthai Finance Limited, formerly known as 'Marathwada Refractories Limited' was incorporated on November 2, 1979 at Aurangabad . The Company's name was changed to 'Lerthai Finance Limited' on December 28, 2018. At present, the Company operates as a parent entity of Calvera Capital Pte. Ltd., Singapore. Lerthai Finance is a Small Cap company and presently do not have significant production and is in the process of identifying business opportunities.
Capital Structure 
Present Equity Capital
INR None Cr
Number of Shares
None Cr
Face Value
INR None
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
No Details Available.
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 3 FIIs (16.04%)
Promoter with highest holding
Calvera Capital Pte Ltd (75.0%)
Highest Public shareholder
Sparrow Asia Diversified Opportunities Fund (8.73%)
Individual Investors Holdings
7.24%
Management
Designation
Remuneration
Aparna Goel
Director
1.66 lacs
Jayant Goyal
Executive Director
7.36 lacs
Shao Xing Yang
Chairman & Director
0
Ntasha Berry
Independent Director
2.3 lacs
Sneha Khandelwal
Company Sec. & Compli. Officer
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
No Data Available for Finished Goods Segmentation
No Data Available
Revenue and Profits:
Net Sales:
(Quarterly Results - Sep 2025)
Net Profit:
0 Cr
Miscellaneous
INR 37 Cr (Micro Cap)
NA (Loss Making)
21
0.00%
-0.70
-2.59%
3.72






