NAVIGANT CORPORATE ADVISORS LIMITED

Offer Details

  • Target Company: Sharp India Limited (BSE Code: 523449, CIN: L36759MH1985PLC036759)
  • Acquirer: Smart Services Private Limited
  • Manager to the Offer: Navigant Corporate Advisors Limited
  • Registrar to the Offer: MUFG INTIME INDIA PRIVATE LIMITED (Formerly Link Intime India Private Limited)
  • Offer Opening Date: Tuesday, 16 June, 2026
  • Offer Closing Date: Tuesday, 30 June, 2026
  • Date of Payment of Consideration: 06 July, 2026 (Actual)

Publication Details

The Detailed Public Statement (DPS) pursuant to the Public Announcement (PA) appeared in:

  • Financial Express - English Daily (all editions)
  • Jansatta - Hindi Daily (all editions)
  • Navshakti - Marathi Daily (Mumbai edition)
  • Loksatta - Marathi Daily (Pune edition)

Publication date: 21 April, 2026

This Post Offer Advertisement was published on 07 July, 2026 in the same publications.

Acquisition Results

| Particulars | Proposed in the Offer | Actual |

| Offer Price | Rs. 10.00 per Equity Share | Rs. 10.00 per Equity Share |

| Aggregate number of Shares tendered | 64,86,000 | 101 |

| Aggregate number of Shares accepted | 64,86,000 | 101 |

| Size of the offer (Numbers of shares multiplied by Offer price per share) | Rs. 6,48,60,000 | Rs. 1,010 |

Shareholding Details

| Particulars | Proposed in the Offer | Actual |

| Pre-offer Shareholding of Acquirer | Nil (0.00%) | Nil (0.00%) |

| Shares acquired by Share Purchase Agreement (SPA) | 1,94,58,000 (75.00%) | 1,94,58,000 (75.00%) |

| Shares Acquired by Open Offer | 64,86,000 (25.00%) | 101 (0.00%) |

| Post-offer Shareholding of Acquirer | 2,59,44,000 (100.00%) | 1,94,58,101 (75.0004%) |

Public Shareholding Changes

| Period | Number of Shares | % Fully Diluted Equity Share Capital |

| Pre-Offer | 64,86,000 | 25.00% |

| Post-Offer (Proposed) | Nil | 0.00% |

| Post-Offer (Actual) | 64,85,899 | 24.9996% |

Additional Information

  • The acquirer accepts full responsibility for the information contained in this Post Offer Advertisement
  • A copy of this advertisement will be available on the website of SEBI
  • Capitalized terms used in this advertisement have the same meaning assigned to them in the Letter of Offer dated 03.06.2026
  • The acquirer will be classified as promoter of the Target Company and public shareholders will be reclassified in accordance with Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations