Sharika Enterprises Ltd — Important, 24-06-2026: Company Update

Sharika Enterprises' board approved plans to raise capital through a preferential issue. The company will issue up to 1.51 crore equity shares to non-promoter investors at Rs. 14.33 each, totaling approximately 21.71 Cr. 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 about 5.50 Cr. These warrants are convertible within 18 months. An Extraordinary General Meeting will be held to seek shareholder approval for these fund-raising initiatives.