Announced Thu, 10 Sept · 18:29 IST
BSE in-principle nod for Sharika Enterprises preferential issue of shares and warrants
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹18.19
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.7-3.0+1.7+6.3+10.2—————
Up moveDown movePending
AI summary
Sharika Enterprises received BSE in-principle approval for a preferential issue of 1,51,49,079 equity shares of Rs 5 each at a price not less than Rs 14.33 to non-promoters, plus 38,38,102 warrants convertible into equity shares at the same minimum price to promoters and non-promoters. Total potential dilution of about 1.9 crore shares once allotted.
Likely market impact
Potential equity dilution for existing shareholders once shares and warrants are allotted. Promoter participation may indicate insider confidence.