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

Sharp India Limited has received a Public Announcement for an Open Offer from Smart Services Private Limited. This offer is triggered by Smart Services' agreement to acquire 75% of Sharp India from its existing promoter, Sharp Corporation, at Rs. 10 per share. The Open Offer is for public shareholders to acquire up to 64.86 lakh equity shares, representing 25% of the company's voting capital, at Rs. 10 per share. The total consideration for this offer is Rs. 6.486 crore. This transaction signifies a change in control, with Smart Services becoming the new promoter. Public shareholders can participate in the offer.