Announced Tue, 23 Jun · 20:57 IST
Sharika Enterprises to raise about Rs 27 cr via preferential issue
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
+9.8%1-day move
₹19.98
prior close
₹20.97
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.6-1.0-7.0-9.4+9.8+4.3-0.9-5.9-1.2-9.2+9.5-5.3——
Up moveDown movePending
AI summary
Board approved raising up to Rs 21.71 cr via 1.51 cr equity shares at Rs 14.33 each (premium Rs 9.33) to non-promoter investors, plus about Rs 5.5 cr through 38.38 lakh convertible warrants at Rs 14.33 to promoters and non-promoters. Total about Rs 27.2 cr. EGM on July 17.
Likely market impact
Equity dilution from new shares; warrants may add further dilution upon conversion. Fresh capital raised for the company.