Sharika Enterprises to raise Rs 27 cr via preferential shares and warrants
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved raising about Rs 27.21 crores through a preferential issue. Up to 1.51 crore equity shares at Rs 14.33 each (about Rs 21.71 crores) will go to non-promoter investors. Up to 38.38 lakh convertible warrants at Rs 14.33 each (about Rs 5.5 crores) will go to promoters and non-promoters, convertible into equity within 18 months. Over 100 allottees are listed. EGM is on July 17, 2026 with July 10 as the voting cut-off date, subject to shareholder and regulatory approval.
Significant dilution expected as about 1.9 crore new shares may be issued. Stock may see short-term pressure pending EGM approval on July 17, 2026.