Share Acquisition Update: Smart Services and Related Entities Increase Stake in Sharp India Ltd.
The acquisition of shares by entities linked to Smart Services Private Limited has been reported concerning Sharp India Limited (BSE Code: S2J{.19). The transactions detail an off-market purchase made against a specific Share Purchase Agreement dated 1.1.2026.The details of the share acquisition by the listed entity are as follows:
| Number of Shares Acquired | Date of Acquisition | Person for whom Shares Were Acquired | Purchase Price per Share | Holding % (w.r.t. Target Company) |
|---|---|---|---|---|
| 91.58 lakh | 02.06.2026 | Sharp Corporation | Rs. 10/- | 75.00% |
The transaction involved the purchase of 91.58 lakh shares by Sharp Corporation on June 2, 2026, at a price of Rs. 10 per share.
Aggregated data regarding acquisitions and current holdings show that the holding for Sharp Corporation stands at 94.5% of total shares outstanding, while the total percentage derived from acquirers and PACs is recorded as (0.0%).
Stock Price Movement
Sharp India Ltd. finished its trading on Monday at ₹113.15, ticking up 1.00% in a strong performance. The shares traded completely flat throughout the session, as both the intraday high and low were locked at ₹113.15.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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