Sharika Enterprises Ltd (SHARIKA) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Sharika Enterprises Ltd on NSE and BSE, with an AI summary of each filing.
Intimation of Press Release
Press Release · 03 Nov 2026, 11:50 pm
Sharika Enterprises Expands Smart Grid and RDSS Footprint Across India Sharika Enterprises Limited announced key project engagements under the Government of India’s Revamped Distribution Sector Scheme (RDSS). Engagements include supplying 998 communicable Fault Passage Indicators to PVVNL in Uttar Pradesh, 11 kV sectionalizers to DGVCL in Gujarat, and executing UPCL's Ganga Corridor project in Uttarakhand featuring SCADA-ADMS, 60+ RTUs, and 960+ FRTUs. To support growth across ~4,000 target towns, SEL is constructing a manufacturing facility in the YEIDA region for automation products and partnering with Brazil's Spin Engenharia for ADMS software development.
Intimation of Institutional Investor Meet
Intimation · 16 Oct 2026, 10:27 pm
Sharika Enterprises Showcases Smart Grid Strategy and Order Pipeline in Investor Meet Sharika Enterprises scheduled an institutional investor meeting on 17th Oct'26 with Veloce Opportunities Fund, highlighting key order wins in smart grid and power automation. Highlights include a ₹24.9 Cr ADMS subcontract under RDSS for UPCL’s Ganga Corridor project (targeted for Sep'27 completion) via technology partner Spin Engenharia, an export panel order for KNPC Kuwait via subsidiary Contronics, a ₹4 Cr consultancy contract with JSW Steel for Vijayanagar, and grid modernization supply projects for PVVNL (Varanasi) and DGVCL (Gujarat).
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajinder Kaul & Others
Acquisition/ Disposal of Shares · 30 Sept 2026, 5:04 pm
Sharika Enterprises Promoters Acquire 1.07 Million Convertible Warrants via Preferential Allotment Sharika Enterprises Limited promoters Rajinder Kaul, Arun Kaul, and Sanjay Verma acquired 10,67,725 convertible warrants via preferential allotment on 25th Sep'26. The warrants represent 1.83% of the total diluted share capital and are convertible into equity shares (Rs. 5 face value) within 18 months. Post-allotment, the promoter and PAC group's aggregate diluted holding stands at 50.25% (2,92,96,178 equity shares and warrants), while existing equity shareholding without warrants adjusts to 48.42% of total diluted capital (Rs. 29.15 crore divided into 5,83,04,440 equity shares).
Scrutinizer''s Report wrt Annual General Meeting of Sharika Enterprises Limited held on September 28, 2026
Annual General Meeting · 28 Sept 2026, 11:03 pm
Outcome and Proceedings of Annual General Meeting of Sharika Enterprises Limited held on September 28, 2026
Annual General Meeting · 28 Sept 2026, 11:01 pm
Intimation regarding Allotment of Equity Shares and Warrants conbertible into equity shares pursuant to preferential issue
Others (Uncategorized) · 26 Sept 2026, 5:43 am
Sharika Enterprises Approves Preferential Allotment of Shares and Convertible Warrants The Board of Sharika Enterprises approved the preferential allotment of 1,21,92,125 equity shares of face value Rs. 5 each at Rs. 14.33 per share (including a Rs. 9.33 premium), raising Rs. 17.47 cr from 46 non-promoter allottees on 25th Sep'26. Additionally, the company allotted 28,12,315 convertible warrants at Rs. 14.33 each to promoter and non-promoter entities, receiving 25% upfront subscription consideration of Rs. 1.01 cr. Warrants are exercisable into equity shares within 18 months upon payment of the remaining 75% consideration.
Intimation for allotment of equity shares and share warrants pursuant to receipt of in-principle approval for preferential issue of the Company as per the disclosure attached herewith
Others (Uncategorized) · 26 Sept 2026, 5:39 am
Sharika Enterprises Allots Equity Shares and Convertible Warrants on Preferential Basis Sharika Enterprises approved the preferential allotment of 1,21,92,125 equity shares of face value Rs. 5 each at Rs. 14.33 per share (including a Rs. 9.33 premium), raising Rs. 17.47 cr from 46 non-promoter allottees on 25th Sep'26. Additionally, the board allotted 28,12,315 convertible warrants at Rs. 14.33 each to promoter and non-promoter entities, aggregating to Rs. 4.03 cr, upon receiving a 25% upfront subscription of Rs. 1.01 cr. Warrants are convertible into equity shares within 18 months upon paying the remaining 75% exercise price.
Intimation of receipt of In-principle approval from BSE for issue of equity shares and warrants convertible into equity shares
Others (Uncategorized) · 10 Sept 2026, 11:59 pm
Sharika Enterprises Secures BSE In-Principle Approval for Preferential Issue Sharika Enterprises received in-principle approval from BSE Limited on 10th Sep'26 for a preferential issue under SEBI regulations. The approval covers the issuance of 1,51,49,079 equity shares (face value Rs. 5 each) to non-promoters and 38,38,102 convertible warrants to promoters and non-promoters. Each warrant is convertible into one equity share of Rs. 5 face value. Both instruments will be issued at a floor price of not less than Rs. 14.33 per share/warrant, subject to statutory guidelines and listing compliances.
Annual Report for the Financial Year 2025-26
Others (Uncategorized) · 04 Sept 2026, 4:54 am
Notice is hereby given that 28th Annual General Meeting of the Company is scheduled to be held on September 28, 2026
Annual General Meeting · 04 Sept 2026, 4:40 am
Intimation of receipt of order from LS Cable India Private Limited
Others (Uncategorized) · 17 Aug 2026, 9:30 pm
Sharika Enterprises Secures ₹1.78 Crore Order from LS Cable India Sharika Enterprises has received a domestic purchase order worth ₹1.78 crore from LS Cable India Private Limited. The contract, announced on 17th Aug'26, is for the supply of 24F & 48F OPGW Cable and is scheduled for completion by 14th Sep'26. The company confirmed that this is not a related-party transaction and the promoter group holds no interest in the entity awarding the contract. This order provides short-term revenue visibility.
Intimation of Receipt of Order from Punjab Energy Development Agency
Others (Uncategorized) · 13 Aug 2026, 5:16 pm
Sharika Enterprises Wins Rs. 10.42 Crore Order in Punjab Sharika Enterprises has secured a work order worth Rs. 10.42 crore from the Punjab Energy Development Agency, a state government undertaking. The domestic contract involves the design, supply, installation, and commissioning of 12-watt LED-based SPV street lighting systems in Punjab. The project is scheduled for completion within 120 days. The transaction does not involve any promoter group interest or related parties. This order win, announced on 13 Aug'26, provides near-term revenue visibility for the company.
As attached.
Financial Result · 13 Aug 2026, 4:06 am
Sharika Enterprises Reports Q1 FY27 Results; Auditors Raise Concerns Sharika Enterprises reported a standalone Q1 FY27 net profit of ₹22.86 lakhs versus a loss of ₹100.97 lakhs YoY. Revenue from operations grew 31.5% YoY to ₹2,219.83 lakhs. However, the auditor's review report highlighted a qualified opinion concerning significant financial risks. These include non-provisioning for slow-moving inventory of ₹149.25 lakhs, unassessed aged supplier advances of ₹210.66 lakhs, and aged trade receivables of ₹4,862.30 lakhs where Expected Credit Losses (ECL) were not computed. The auditor’s opinion was also qualified for these matters in FY26.
As attached
Outcome · 13 Aug 2026, 3:59 am
Sharika Enterprises Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 2,220 (+26.7% YoY | +5.7% QoQ) ■ EBITDA: 148 (Loss to Profit YoY | Loss to Profit QoQ) ■ EBITDA Margin (%): 6.7 (Loss to Profit YoY | Loss to Profit QoQ) ■ PAT: 34.6 (Loss to Profit YoY | Loss to Profit QoQ) ■ EPS (INR): 0.08 (Loss to Profit YoY | Loss to Profit QoQ)
Sharika Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve the Un-audited quarterly ....
Intimation · 12 Aug 2026, 5:30 am
Sharika Enterprises Board Meeting to Approve Q1 FY27 Financial Results Sharika Enterprises Limited has scheduled a Board of Directors meeting for 12th Aug'26. The primary agenda is to consider and approve the Un-Audited Financial Results, both standalone and consolidated, for the first quarter ended 30th Jun'26. This meeting is crucial for assessing the company's financial performance at the start of the fiscal year. Any other matters may be discussed with the permission of the Chairperson.
Revised proceedings of EGM dated July 17, 2026
Extra Ordinary General Meeting · 22 Jul 2026, 9:13 pm
Sharika Enterprises Seeks Shareholder Approval for Preferential Allotment Sharika Enterprises conducted an EGM on 17th Jul'26 to seek shareholder approval for two special resolutions. The first was for a preferential issue of up to 1,51,49,079 equity shares to non-promoters. The second was for issuing up to 38,38,102 convertible share warrants to both promoter and non-promoter categories. The company stated this capital raise will strengthen its financial position and support future growth. The remote e-voting cut-off date was 10th Jul'26, with voting results to be disclosed within two days.
Scrutinzer''s Report for the Extraordinary General meeting of Sharika Enterprises Limited held on July 17, 2026
Extra Ordinary General Meeting · 20 Jul 2026, 10:40 pm
Sharika Enterprises EGM Approves Preferential Issues of Shares and Warrants Shareholders approved two special resolutions at the EGM on 17th Jul'26. The first was for a preferential issuance of up to 151.49M equity shares to non-promoters. The second was for issuing up to 383.81M convertible warrants to both promoter and non-promoter entities. Both resolutions passed with a requisite majority of over 99.99%. This paves the way for significant capital infusion and potential equity dilution. The resolutions were passed based on combined results from e-voting and voting at the meeting.
Outcome and Proceedings of Extraordinary General Meeting (EGM) of the Company held on July 17, 2026
Extra Ordinary General Meeting · 18 Jul 2026, 3:08 am
Sharika Enterprises Approves Preferential Issue of Equity and Warrants Sharika Enterprises, in its EGM on 17 Jul'26, passed special resolutions for a preferential issue to strengthen its financial position and support growth. The company approved issuing up to 1,51,49,079 equity shares to non-promoters. It also approved issuing up to 38,38,102 convertible share warrants to both promoter and non-promoter categories. The Chairman stated the rationale is to provide resources for future business opportunities. Voting results will be disclosed within two working days of the EGM.
Intimation of 2nd Corrigendum to the Notice of EGM dated June 23, 2026
Extra Ordinary General Meeting · 16 Jul 2026, 11:19 pm
Sharika Enterprises Modifies Preferential Allottee List Ahead of EGM Sharika Enterprises issued a 2nd Corrigendum for its EGM on 17 Jul'26, modifying its list of preferential allottees. Two proposed non-promoter allottees, Amit Dayalji Chauhan and Mehul Suryakant Jain, were disqualified for breaching SEBI (ICDR) Regulations, 2018. Their allocations will now be offered to Surendra Shashikant Parikh and Bhavna Parasmal Chordiya, respectively. These changes amend the original EGM notice from 23 Jun'26 and the first corrigendum from 13 Jul'26, with all other items remaining unchanged.
Outcome of Board Meeting held on July 16, 2026
Others (Uncategorized) · 16 Jul 2026, 10:12 pm
Sharika Enterprises Amends Allottee List for Preferential Share Issue Sharika Enterprises' Board, at its meeting on 16 Jul'26, approved the substitution of two proposed allottees for its preferential issue. The change was necessary as the original allottees became ineligible due to non-compliance with SEBI regulations after selling company shares. The new allottees are Surendra Shashikant Parikh and Bhavna Parasmal Chordiya. All other terms of the preferential issue, including the issue price of INR 14.33 per share and the total issue size, remain unchanged. The company will issue a second corrigendum to the EGM notice.
Corrigendum to the Notice of Extra Ordinary General Meeting dated June 23, 2026
Extra Ordinary General Meeting · 14 Jul 2026, 12:44 am
Sharika Enterprises Amends EGM Notice for Preferential Issue Sharika Enterprises issued a corrigendum on 13 Jul'26, for its EGM on 17 Jul'26, to approve a preferential issue of equity shares and warrants. Key amendments include changing the e-voting cut-off date to 10 Jul'26, and revising the objects of the issue. The company plans to raise INR 21.71 crores, with INR 4.50 crores for debt repayment, INR 7.81 crores for working capital, and INR 5.00 crores for subsidiary investments. Post-issue, the promoter holding is projected to decrease from 55.16% to 40.17%.
Intimation of Extraordinary General Meeting of the Company scheduled to be held on Friday, July 17, 2026
Extra Ordinary General Meeting · 26 Jun 2026, 2:38 am
Sharika Enterprises Seeks Approval to Raise Rs. 7.67 Crore via Preferential Issues Sharika Enterprises will hold an EGM on 17 Jul'26 to seek approval for raising up to Rs. 7.67 crore. The proposal includes a preferential issue of 1.51 crore equity shares at Rs. 14.33 each, aggregating Rs. 2.17 crore, to non-promoters. Additionally, it plans to issue 38.38 lakh convertible warrants at Rs. 14.33 per warrant, raising Rs. 5.50 crore from promoters and non-promoters. Funds are intended for working capital (Rs. 5.50 crore), debt repayment (Rs. 4.50 crore), and general corporate purposes.
Revised Disclosure with regard to Preferential Issue of Equity Shares and Convertible Warrants
Others (Uncategorized) · 25 Jun 2026, 3:24 am
Sharika Enterprises Approves Preferential Allotment to Raise ₹27.21 Crore Sharika Enterprises' board, on 23 Jun'26, approved fundraising of up to ₹27.21 crore via preferential allotment. This includes issuing up to 1.51 crore equity shares to non-promoters for ₹21.71 crore and up to 38.38 lakh convertible warrants to promoters and non-promoters for ₹5.50 crore. The issue price for both instruments is fixed at ₹14.33 per share/warrant. The warrants are convertible into equity within 18 months. An Extra Ordinary General Meeting is scheduled for 17 Jul'26 to seek shareholder approval.
Revised Disclosure with regard to Preferential Issue of Equity Shares and convertible Warrants
Others (Uncategorized) · 25 Jun 2026, 3:21 am
Sharika Enterprises to Raise Rs 27.21 Crore via Preferential Issues On Jun 23, '26, Sharika Enterprises' board approved raising up to Rs 27.21 crore. This includes issuing up to 1.51 crore equity shares at Rs 14.33 each to non-promoters, aggregating Rs 21.71 crore. Additionally, it will issue up to 38.38 lakh convertible warrants at Rs 14.33 each to promoters and non-promoters, totalling Rs 5.50 crore. Each warrant is convertible into one equity share within 18 months. The fundraise is subject to shareholder approval at an EGM on Jul 17, '26.
Revised Disclosure with regard to Preferential Issue of Equity Shares and Convertible Warrants
Others (Uncategorized) · 25 Jun 2026, 3:20 am
Sharika Enterprises Board Approves Rs 27.21 Crore Preferential Allotment and Warrants Sharika Enterprises' board approved a fundraise of up to Rs 27.21 crore on 23 Jun'26. This includes a preferential issue of 1.51 crore equity shares at Rs 14.33 each to non-promoters, aggregating Rs 21.71 crore. Additionally, 38.38 lakh convertible warrants will be issued at Rs 14.33 per warrant to promoters and non-promoters, raising Rs 5.50 crore. Each warrant is convertible into one equity share within 18 months. An EGM will be held on 17 Jul'26 to seek shareholder approval.