ALPHA TRIBE

Sharpline Broadcast LtdImportant, 26-02-2026: Company Update

26-02-2026 | 04:21 pm

MP Infracon Private Limited has acquired a 9.98% stake in Sharpline Broadcast Limited through a preferential allotment of 28,57,142 equity shares. This marks MP Infracon's first acquisition in the company, making them a substantial shareholder. The transaction has increased Sharpline Broadcast's total paid-up equity share capital from Rs. 16.78 Cr to Rs. 28.63 Cr, significantly expanding its equity base. This change in shareholding structure is a key development for investors, signaling a new significant stakeholder in the company.

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