Preferential Issue of Equity Shares and convertible warrants

Sharika Enterprises Ltd's Board approved raising approximately Rs. 27.21 crore through a preferential issue. This comprises issuing 1,51,49,079 equity shares at Rs. 14.33 each to non-promoter investors, aggregating Rs. 21.71 crore. Additionally, 38,38,102 convertible warrants, also priced at Rs. 14.33 each, will be issued to both promoter and non-promoter investors, raising Rs. 5.50 crore. The fundraise is contingent upon obtaining necessary regulatory and shareholder approvals at an Extra Ordinary General Meeting scheduled for July 17, 2026.