Navigant Corporate Advisors Limited, acting as the Merchant Banker, issued this corrigendum to the Detailed Public Statement (DPS) on behalf of Smart Services Private Limited (the Acquirer) concerning an open offer for Sharp India Limited (the Target Company). This action is in compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SAST Regulations) and is based on the SEBI Observation Letter no. HO/49/12/11(54)2026-CFD-RAC-DCR2/I/12668/2026 dated May 29, 2026.

The purpose of the corrigendum is to update the shareholders of Sharp India Limited on two specific changes to the open offer details that were previously published in newspapers (Financial Express, Jansatta, Navshakti, Loksatta) on April 21, 2026.

Key Updates in the Corrigendum:

1. Revision of Open Offer Schedule: The schedule of activities for the open offer has been revised. The original and revised dates are provided in a detailed table within the document. The most material changes include:

  • Receipt of SEBI comments on draft letter of offer: Revised to May 29, 2026 (Friday) from May 20, 2026 (Wednesday).
  • Identified Date: Revised to June 02, 2026 (Tuesday) from May 22, 2026 (Friday). This date is used to determine the list of shareholders eligible to participate.
  • Dispatch of Letter of Offer: Revised to June 09, 2026 (Tuesday) from June 01, 2026 (Monday).
  • Opening Date of the Offer: Revised to June 16, 2026 (Tuesday) from June 08, 2026 (Monday).
  • Closure Date of the Offer: Revised to June 30, 2026 (Tuesday) from June 19, 2026 (Friday).
  • Payment of Consideration: Revised to July 14, 2026 (Tuesday) from July 06, 2026 (Monday).

2. Confirmation of Share Acquisition: The Acquirer, Smart Services Private Limited, acquired 1,94,58,000 (1.95 crore) equity shares of Sharp India Limited on June 02, 2026. This acquisition was made pursuant to a Share Purchase Agreement dated April 14, 2026, and is in accordance with Regulation 22(2) of the SEBI SAST Regulations.

The document explicitly states that all other terms and conditions of the open offer remain unchanged. The open offer is for acquiring up to 64,86,000 equity shares of ₹10 each at a price of ₹10 per share, representing 25.00% of the fully paid-up equity share capital of Sharp India Limited.