Sharp India Limited (BSE: 523449) has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, issued by SVD & Associates, confirms the company's adherence to SEBI regulations and statutory provisions. It highlights the successful revocation of a previous trading suspension on February 05, 2025.
Smart Services Private Limited has launched an open offer to acquire up to 64,86,000 shares (25%) of Sharp India Limited at ₹10 per share. The total potential consideration is ₹6.49 Crore. This follows a Share Purchase Agreement to acquire a 75% stake from Sharp Corporation, triggering a change in control.
Smart Services Private Limited has launched a mandatory open offer to acquire up to 64,86,000 shares (25%) of Sharp India Limited at ₹10 per share. The ₹6.49 Crore offer follows a Share Purchase Agreement to acquire a 75% stake from Sharp Corporation, Japan, leading to a change in control and management.
Smart Services Private Limited has announced a ₹6.49 Crore open offer to acquire up to 25% of Sharp India Limited from public shareholders at ₹10 per share. This follows an agreement to acquire a 75% stake from Sharp Corporation, Japan. The transaction will result in a change of control and promoter for the company.
Value
₹6.49 Cr
Execution
The offer period schedule runs from April 14, 2026, to July 13, 2026.
Smart Services Private Limited has announced a mandatory Open Offer to acquire up to 64,86,000 equity shares (25% stake) of Sharp India Limited at ₹10 per share. The total offer value is ₹6.49 Crore. This follows a Share Purchase Agreement to acquire 75% stake from Sharp Corporation, triggering a change in control.
Value
₹6.49 Cr
Execution
Tendering period starts on 08.06.2026 and closes on 19.06.2026.
Smart Services Private Limited launched an open offer to acquire a 25.00% stake in Sharp India Limited at ₹10 per share, totaling ₹6.49 Crore. This follows a Share Purchase Agreement to acquire a 75.00% controlling stake from Sharp Corporation, leading to a change in promoter control.
Sharp India Limited announced the execution of three debt assignment agreements totaling ₹145.34 Crore. The company's external commercial borrowings and other debts were assigned from promoters and subsidiaries to Unbounded Opportunities Fund SPC and Kripa Anand Rishi Cellular Private Limited. The transactions are subject to regulatory approvals and the transfer of promoter equity shares.
Sharp Corporation (Japan) has executed an SPA to sell its entire 75% stake (1,94,58,000 shares) in Sharp India Limited to Smart Services Private Limited for ₹19.46 Crore. This transaction triggers a mandatory open offer for public shareholders. Following completion, Sharp Corporation will cease to be a promoter of the Company.