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

Sharika Enterprises Ltd has announced that its board approved raising funds through two preferential issues. The company will issue up to 1.51 crore equity shares to non-promoter investors at Rs. 14.33 each, totaling Rs. 21.71 crore. Additionally, it will issue 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 crore. These fund-raising proposals aim to strengthen the company's financial base and are subject to shareholder approval at an upcoming Extra Ordinary General Meeting.