The 44-year-old iconic rights activist is, however, yet to walk out of her jail ward at Jawaharlal Nehru Institute of Medical Sciences here pending the release order.
Court officials told PTI that the court will issue the order to the jail authority to formalise her release today itself.
Sharmila had appeared before the court of Chief Judicial Magistrate of Imphal West, Lamkhanpau Tonsing this morning at about 11 a.M and was granted bail on personal bond of Rs 10,000.
Ultimately the CJM allowed her to sign the PR Bond.
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After coming out from the courtroom Sharmila came to address the media in another room but due to the heavy rush there and chaotic situation, the activist was whisked away by police to her jail ward in hospital.
Sharmila had a fortnight ago announced that she will break her fast today, join politics and get married.
"I will contest against the chief minister of Manipur in the upcoming state elections," she said, adding that she will get AFSPA repealed once she wins the elections.