Sharika Enterprises: Promoters Acquire Warrants via Preferential Issue

Sharika Enterprises Ltd has disclosed a preferential issue of warrants to its promoters and persons acting in concert (PACs), including Rajinder Kaul, Arun Kaul, and Sanjay Verma. The acquisition involves 10,67,725 warrants, representing 1.83% of the total diluted share capital. This transaction, valued at ₹21,65,00,000 (₹21.65 Crore), is part of a larger preferential issue aimed at raising capital. The warrants are convertible into equity shares within 18 months of allotment. Following this acquisition, the total holding of promoters and PACs in the company's equity share capital has changed.