Sharika Enterprises Ltd Plans Preferential Issue of Shares & Warrants

Sharika Enterprises Ltd announced its Board of Directors has approved a preferential issue of up to 1,51,49,079 equity shares and up to 38,38,102 convertible warrants. The equity shares will be issued at ₹14.33 each, aggregating up to ₹21.71 crore. The warrants, convertible into equity shares at the same price, will aggregate up to ₹5.50 crore. These issuances are subject to regulatory and shareholder approvals. An Extra Ordinary General Meeting (EGM) is scheduled for July 17, 2026, to seek member approval. The company has fixed July 10, 2026, as the cut-off date for determining voting eligibility.