Corporate Action26 Sept 2026, 09:30 am
Sharika Enterprises Allots Equity Shares and Warrants
AI Summary
Sharika Enterprises Ltd announced the allotment of 1,21,92,125 equity shares at Rs. 14.33 per share, totaling Rs. 17.47 crore, to non-promoters. Additionally, 28,12,315 warrants were allotted at Rs. 14.33 per warrant, aggregating up to Rs. 4.03 crore, to both promoter and non-promoter categories. A total of Rs. 1.01 crore was received as upfront payment for the warrants. This preferential issue follows in-principle approval from BSE and member approval from an EGM held on July 17, 2026.
Key Highlights
- Allotment of 1.21 crore equity shares at Rs. 14.33 each.
- Allotment of 28.12 lakh warrants at Rs. 14.33 each.
- Total preferential issue funds raised amount to Rs. 21.50 crore.
- Warrants are convertible into equity shares within 18 months.
- Share allotment is to non-promoter category; warrants to promoter/non-promoter.
Price Impact
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