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

Sharika Enterprises' Board, in a meeting held on June 23, approved fundraising plans. The company will issue up to 1.51 crore equity shares to non-promoter investors, aiming to raise approximately Rs. 21.71 crore. Additionally, it will issue up to 38.38 lakh share warrants, convertible into equity shares within 18 months, to both promoter and non-promoter investors, targeting about Rs. 5.50 crore. An Extra Ordinary General Meeting is scheduled for July 17 to seek shareholder approval for these preferential issues, with July 10 set as the cut-off date for voting eligibility. These fundraisings are subject to necessary approvals.