Announced Tue, 23 Jun · 21:20 IST
Sharika Enterprises to raise about Rs 27 cr via preferential issue and warrants
Fund Raising View source PDF
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
Sharika Enterprises board approved raising about Rs 27.21 cr via preferential issue. Up to 1.51 cr equity shares at Rs 14.33 each to non-promoters, total Rs 21.71 cr. Plus 38.38 lakh convertible warrants at Rs 14.33 each to promoters and non-promoters, total Rs 5.5 cr. Warrants convert to 1 equity share within 18 months. EGM on July 17, 2026, cut-off July 10. Investors include Veloce Opportunities Fund, Bridge India Fund, and several HNIs.
Likely market impact
Equity dilution likely from new shares and potential warrant conversion. Signals growth plans but expands share count for existing holders.