Sharp India Ltd — Important, 02-07-2026: Company Update

Sharp India Limited's Board has approved changing the company's name to "SMAART TECH SERVICES LIMITED." This decision signals a major strategic shift, with plans to significantly alter its business scope. The company will diversify into new areas including end-to-end logistics, data centers, IT services, semiconductors, healthcare, pharmaceuticals, and various facility management and trading operations. This broad expansion of activities aims to generate new revenue streams, driven by a recent change in management. These proposals will be put before shareholders for approval via a Postal Ballot. The company's financials will continue to be prepared on a Going Concern basis.