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Sharika Enterprises' board has approved a fundraise through two preferential issues. The company will issue up to 1.51 crore equity shares at Rs 14.33 each to non-promoter investors, aiming to raise approximately Rs 21.71 Cr. Additionally, it plans to issue up to 38.38 lakh share warrants, convertible into equity shares within 18 months, at Rs 14.33 per warrant to both promoter and non-promoter investors, raising about Rs 5.50 Cr. Both proposals require shareholder approval at an upcoming Extra Ordinary General Meeting, scheduled for July 17. A scrutinizer was appointed for the e-voting process.