Sharika Enterprises Ltd

Sharika Enterprises Ltd

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.

Sharika Enterprises Ltd

Sharika Enterprises Ltd. announced its Board's approval for a preferential issue of up to 1,51,49,079 equity shares to certain non-promoter investors and up to 38,38,102 convertible warrants to promoter and non-promoter investors. The total fundraise, priced at Rs. 14.33 per share/warrant, aggregates approximately Rs. 27.21 Crores. The company will convene an Extra Ordinary General Meeting on July 17, 2026, to seek shareholder approval for these issues, which aim to raise capital in compliance with SEBI ICDR Regulations.

Sharika Enterprises Ltd

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.

Sharika Enterprises Ltd

Sharika Enterprises Ltd's Board approved raising funds up to Rs. 21.71 crore by issuing 1.51 crore equity shares on a preferential basis to non-promoter investors at Rs. 14.33 per share. Additionally, the Board approved raising up to Rs. 5.50 crore through a preferential issue of 38.38 lakh share warrants, convertible into equity shares, to promoter and non-promoter investors at the same price. Both proposals are subject to regulatory approvals and shareholder consent at an Extraordinary General Meeting scheduled for July 17, 2026.