Smart Services Private Limited launches mandatory open offer for 64.86 lakh shares (25%) of Sharp India Ltd at ₹10 per share.
Offer follows acquisition of 75% stake from Sharp Corporation via Share Purchase Agreement dated April 14, 2026.
Sharp India reports consistent losses with net worth of negative ₹136.41 crore as of December 2025.
Open offer consideration of ₹6.49 crore fully secured by bank guarantee and escrow arrangement.