Outcome of Board Meeting held on June 23, 2026

SEL/BSE/2026-27/JUN/04 June 23, 2026 The Manager (Listing) BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Scrip Code: 540786 Sub: Outcome of Board Meeting held on June 23, 2026 pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended from time to time (“SEBI LODR Regulations”), we hereby inform you that the Board of Directors of Sharika Enterprises Ltd (“the Company”) at their Meeting held today, i.e., Tuesday, June 23, 2026, inter-alia considered and approved: 1. Raising of funds through issue and allotment up to 1,51,49,079 (One Crore Fifty One Lakhs Forty Nine Thousand Seventy Nine Only) Equity Shares of the Face Value of Rs. 5/- (Rupees Five Only) each to certain Non-Promoter Investors on preferential basis in terms of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) at an Issue Price of Rs. 14.33 (Rupees Fourteen and Paisa thirty-three Only) including Premium of Rs. 9.33/- (Rupees Nine and Paisa Thirty-Three Only) per Share (being the price not less than the minimum price determined with reference to the Relevant Date in accordance with Regulation 164 of the SEBI ICDR Regulations aggregating up to Rs. 21,70,86,305 (Rupees Twenty One Crore Seventy Lakhs Eighty-Six Thousand Three Hundred Five Only), subject to the approval of regulatory/ statutory authorities and the Members of the Company at ensuing Extra Ordinary General Meeting. In the event of any disqualification, the Board may consider and approve the designation of another investor from the existing investor group, subject to the necessary approvals and compliance with applicable laws and regulations. The details regarding the issuance of securities as required pursuant to the Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are set out in (“Annexure A”). 2. Raising of funds through issue and allotment up to 38,38,102 (Thirty Eight Lakhs Thirty-Eight Thousand One Hundred Two) Share warrants, each Warrant convertible into 1 (one) Equity Share of the Face Value of Rs. 5/- (Rupees Five Only) to certain Promoters and Non-Promoter Investors on preferential basis in in terms of Chapter V of the SEBI ICDR Regulations at Issue Price of Rs. 14.33 (Rupees Fourteen and Paisa Thirty Three Only) including Premium of Rs. 9.33/- (Rupees Nine and paisa Thirty Three Only) per warrant (being the price not less than the minimum price determined with reference to the Relevant Date in accordance with Regulation 164 of the SEBI ICDR Regulations aggregating up to Rs. 5,50,00,000/- (Rupees Five Crore Fifty Lakhs Only), subject to the approval of regulatory/ statutory authorities and the Members of the Company at ensuing Extra Ordinary General Meeting. In the event of any disqualification, the Board may consider and approve the designation of another investor from the existing investor group, subject to the necessary approvals and compliance with applicable laws and regulations. The details regarding the issuance of securities as required pursuant to the Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are set out in (“Annexure B”). 3. Draft notice convening Extra Ordinary General Meeting (“EGM") of the Company to be held on Friday, July 17, 2026, through VC/OAVM, to seek necessary approval of the members of the Company for the aforesaid Preferential Issues. The notice of the said EGM will be sent separately to the Stock Exchange(s) and to the Members of the Company and will also be available on the Company's website at www.sharikaindia.com and on the website of the Bombay Stock Exchange of India Limited at www.bseindia.com, in due course. The Company has fixed Friday, July 10, 2026 as the "Cut-off-Date" for the purpose of determining the eligibility of the members entitled to vote by remote e-voting. Those shareholders holding shares, as on the close of business hours on Friday, July 10, 2026 will be entitled to avail the facility of remote e-voting as well as voting at the EGM. 4. The Board of Directors have appointed M/s. Mihen Halani & Associates, Practicing Company Secretaries, as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner for the purpose of EGM of the Company. The meeting commenced at 04:00 PM and concluded at 07:30 PM. Thanking You. Yours Faithfully, For Sharika Enterprises Limited Rajinder Kaul Managing Director DIN: 01609805 Address: C-504, ATS Bouquet, Sector-132, Noida, Uttar Pradesh – 201305 Place: Uttar Pradesh Date: June 23, 2026 Encl: As above ANNEXURE A As per Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Sr. Particulars Details 1. Types of securities proposed to be Issued Issue up to 1,51,49,079 (One Crore Fifty One Lakhs Forty- Nine Thousand Seventy Nine Only) Equity Shares of face value Rs. 5/- each 2. Type of issuance (further public offering, Preferential Issue of Equity Shares in accordance with the rights issue, depository receipts (ADR / SEBI ICDR Regulations, 2018 read with the Companies Act, GDR), qualified institutions placement, 2013 and rules made thereunder. preferential allotment etc.) 3. Total number of Securities proposed Issue up to maximum of 1,51,49,079 (One Crore Fifty One to be issued or the total amount for which Lakhs Forty-Nine Thousand Seventy-Nine Only) Equity the securities will be issued Shares at a price of Rs. 14.33(Rupees Fourteen and Paisa thirty-three Only) per Equity Share in cash, for an aggregate consideration up to Rs. 21,70,86,305 (Approx.) (Rupees Twenty-One Crore Seventy Lakhs Eighty-Six Thousand Three Hundred Five Only) 4. Issue Price Rs. 14.33 (Rupees Fourteen and Paisa thirty-three Only) including Premium of Rs. 9.33 (Rupees Nine and Paisa Thirty- Three Only) per Share Additional details Names of the investors As per List Attached In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument NA post allotment of securities - outcome of the subscription, issue price / allotted As per List Attached price (in case of convertibles), number of investors List of Proposed Allottees: Sr. Name of the Investors / proposed Promoter (P) / No. of shares Issue Price Outcome of the No. allottees Non Promoter (up to) subscription / (NP) Investment amount (INR) 1. Veloce Opportunities Fund II NP 2,442,428 14.33 35,000,000 2. Veloce Innovations LLP NP 2,093,510 14.33 30,000,000 3. Bridge India Fund NP 2,093,510 14.33 30,000,000 4. Veloce Opportunities Fund NP 697,837 14.33 10,000,000 5. Aari Ventures NP 697,837 14.33 10,000,000 6. Nareshkumar Mahasukhlal Mehta NP 697,837 14.33 10,000,000 7. Sheelu Mohta NP 418,702 14.33 6,000,000 8. Poonam Manoj Vishvakrama NP 383,810 14.33 5,500,000 9. Balajee Rice Industries Pvt Ltd NP 348,918 14.33 5,000,000 10. Rishi Sunil Chheda NP 348,918 14.33 5,000,000 11. Reena Jatin Choksi NP 348,918 14.33 5,000,000 12. Ayush Devang Shah NP 348,918 14.33 5,000,000 13. Samir Lalitkumar Shah NP 348,918 14.33 5,000,000 14. Rahul Roopkishor Agrawal NP 174,459 14.33 2,500,000 15. Starlight Capital Pvt Ltd NP 244,243 14.33 3,500,000 16. Neelima M Gopal NP 174,459 14.33 2,500,000 17. Sanjay Jaykant Shah NP 174,459 14.33 2,500,000 18. Amit Dayalji Chauhan NP 174,459 14.33 2,500,000 19. Aashwath Anil Chowta NP 174,459 14.33 2,500,000 20. Manish Ratilal Shah NP 174,459 14.33 2,500,000 21. Pankaj Shreeprakash Gupta NP 174,459 14.33 2,500,000 22. Vibhor Niraj Bansal NP 174,459 14.33 2,500,000 23. Kavita Rani NP 174,459 14.33 2,500,000 24. Tariq Irtiza Khan NP 174,459 14.33 2,500,000 25. 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