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

Sharp India Limited's board noted significant debt restructuring. The company's External Commercial Borrowing (ECB) of Rs 15.84 Cr from promoter Sharp Corporation is assigned to Unbounded Opportunities Fund for Rs 1.00 Cr. Additionally, Rs 126.65 Cr and Rs 2.85 Cr of its borrowings from fellow subsidiaries, Sharp Business Systems and Sharp Software Development, respectively, are assigned to Kripa Anand Rishi Cellular Private Limited for Rs 7.94 Cr and Rs 0.18 Cr. These debt transfers, occurring at steep discounts, are contingent on Sharp Corporation transferring its control in Sharp India, signaling a major financial cleanup.