
Board Meeting16 Jul 2026, 04:50 pm
Sharika Enterprises Ltd: Board Approves New Allottees for Preferential Issue
AI Summary
Sharika Enterprises Ltd's Board of Directors, in a meeting held on July 16, 2026, approved the substitution of two proposed allottees for its preferential issue. This change was necessitated because the original allottees ceased to be eligible due to the sale of company equity shares. The revised list of investors includes Surendra Shashikant Parikh and Bhavna Parasmal Chordiya, replacing Amit Dayalji Chauhan and Mehul Suryakant Jain, respectively. All other terms of the preferential issue, including the issue price and number of shares, remain unchanged. The Board also approved the issuance of a Second Corrigendum to the Extraordinary General Meeting Notice to reflect these changes.
Key Highlights
- Board approved substitution of two allottees for preferential issue.
- Original allottees became ineligible due to share sale.
- New investors are Surendra Shashikant Parikh and Bhavna Parasmal Chordiya.
- All other terms of the preferential issue remain unchanged.
- Second Corrigendum to EGM Notice approved.
Price Impact
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