Preferential Issue of Equity Shares and Convertible Warrants

Sharika Enterprises Ltd. has announced plans to raise funds aggregating approximately Rs. 27.20 Crores through a preferential issue. This includes issuing up to 1,51,49,079 equity shares at Rs. 14.33 each to non-promoter investors (Rs. 21.70 Crores) and up to 38,38,102 convertible warrants at Rs. 14.33 each to promoter and non-promoter investors (Rs. 5.50 Crores). The proposal is subject to approval from shareholders at an Extra Ordinary General Meeting scheduled for July 17, 2026.