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

Sharika Enterprises' board has approved a plan to raise funds through a preferential issue. This includes issuing up to 1.51 Cr equity shares to non-promoter investors at Rs. 14.33 per share, totaling Rs. 21.71 Cr. Additionally, it approved issuing up to 38.38 lakh share warrants, convertible into equity shares, to promoters and non-promoter investors at Rs. 14.33 per warrant, raising Rs. 5.50 Cr. These warrants can be converted into equity shares within 18 months. The company will hold an Extra Ordinary General Meeting to seek shareholder approval for these fund-raising initiatives.