Purity Flexpack Ltd — Important, 10-08-2026: Company Update
10-08-2026 | 04:39 pm
10-08-2026 | 04:39 pm
Sharp India Limited reported a net loss of 5.76 Cr for the quarter, with accumulated losses reaching 196.54 Cr, significantly eroding its net worth. The company has not engaged in production activities since FY 2015-16, and its financial statements are prepared on a 'not going concern' basis. A major ownership change recently occurred, with Sharp Corporation, Japan, transferring its 75% equity shareholding to Smart Services Private Limited, which is now the new promoter. The board has also discussed changing the company's name and altering foundational documents, pending shareholder approval.
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