Sharmila, who is playing her Rookie year on the Ladies European Tour after coming through the Qualifying School, has now missed six cuts in a row after making the grade in the Lalla Meryem Cup in Morocco.
England's Melissa Reid held a one shot lead going into the final round after carding five under par 67 at Albatross Golf Resort on Saturday.
Reid finished the first 36 holes with a total of nine-under and will now have her sights trained on a fourth Ladies European Tour victory.
Italian Stefania Croce fired a bogey-free 66 and ended only one shot behind at eight under, followed a stroke further back by Germany's Elisabeth Esterl.
Reid is playing in her first tournament in six weeks since the Turkish Airlines Ladies Open after her mother, Joy, was killed in a car accident in Germany just before Reid was due to play in the UniCredit Ladies German Open.
