Announced Wed, 24 Jun · 21:51 IST
Sharika Enterprises to raise about Rs 27 cr via preferential issue 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
-0.6%1-day move
₹20.97
prior close
₹21.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.5+0.5+0.5-0.6-5.6-10.3-5.8-6.2-9.4-0.7-11.5——
Up moveDown movePending
AI summary
Sharika Enterprises board approved raising about Rs 21.71 crore through preferential issue of 1.51 crore equity shares at Rs 14.33 each (face value Rs 5, premium Rs 9.33) to 98 non-promoter investors including Veloce Opportunities Fund and Bridge India Fund. Separately, 38.38 lakh convertible warrants at Rs 14.33 each to promoters and non-promoters, raising another Rs 5.50 crore. Total about Rs 27.21 crore, subject to EGM on July 17, 2026. Warrants convertible within 18 months.
Likely market impact
Equity dilution from new shares and warrant conversion. Short-term price pressure possible. End use of funds not disclosed.