Smart Services Launches Open Offer to Acquire 25% Stake in Sharp India Ltd
Smart Services Private Limited has initiated an open offer for the acquisition of equity shares of Sharp India Ltd, representing a stake of 25.00% of the target company's fully paid up and voting share capital.The open offer details stipulate that Smart Services Private Limited seeks to acquire up to 6,486,000 equity shares of Sharp India Ltd. Each share is priced at Rs. 10/- per fully paid-up Equity Share.
The advertisement regarding this acquisition was published on June 12, 2026, across multiple national and regional dailies to inform the market and potential shareholders.
Details of the open offer publication are as follows:
| Target Company | Acquirer | Offer Details | Stake Represented |
|---|---|---|---|
| Sharp India Ltd | Smart Services Private Limited | Open Offer at Rs. 10/- per share | 25.00% |
| Number of Shares: 6,486,000 |
The offer details were advertised in the following publications on June 12, 2026:
- Financial Express (English Daily)
- Jansatta (Hindi Daily)
- Navshakti (Marathi Daily - Mumbai edition)
- Loksatta Marathi Daily (Pune edition)
Stock Price Movement
Sharp India Ltd finished trading on Monday, settling at ₹114.25, which reflected a gain of 0.97%. The shares traded completely flat throughout the session, as the intraday high and low were locked in at ₹114.25.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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