Sharika Enterprises Ltd — Important, 23-06-2026: Company Update

Sharika Enterprises' Board has approved a significant capital raise. The company will issue 1.51 Cr equity shares to non-promoter investors at Rs 14.33 each, totaling Rs 21.71 Cr. Separately, 38.38 lakh share warrants, convertible into equity shares, will be issued to promoters and non-promoters at Rs 14.33 per warrant, raising Rs 5.50 Cr. These fund-raising plans aim to strengthen the company's financial position and require shareholder approval at an Extra Ordinary General Meeting.