Sharp India Ltd — Important, 14-04-2026: Company Update

Sharp India Limited's promoter, Sharp Corporation, Japan, has agreed to sell its entire 75% stake, representing 1.9458 crore equity shares, to Smart Services Private Limited. The sale is for Rs 19.458 crore, priced at Rs 10 per share. Upon completion, Sharp Corporation will no longer be the promoter or control the company. This transaction triggers a mandatory open offer by Smart Services Private Limited to Sharp India's public shareholders, marking a significant change in ownership and control for the company.