Board swaps two allottees in Rs 21.71 cr preferential issue
Price
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Sharika Enterprises board on July 16, 2026 replaced two proposed allottees, Amit Dayalji Chauhan and Mehul Suryakant Jain, who became ineligible after selling their existing shares. They were substituted with Surendra Shashikant Parikh and Bhavna Parasmal Chordiya. All other terms of the preferential issue remain unchanged: price Rs 14.33 per share, up to about 1.51 crore equity shares, total issue size around Rs 21.71 crore, spread across 98 non-promoter allottees. Notable investors include Veloce Opportunities Fund II, Bridge India Fund, Veloce Innovations LLP, and Aarii Ventures.
Procedural change only; issue price, size, and terms unchanged, so minimal direct impact on existing shareholders.