Open Offer11 Jun 2026, 01:36 pm
Sharp India Independent Directors Approve Open Offer Price
AI Summary
Sharp India Ltd announced the outcome of its Independent Directors' meeting held on June 11, 2026. The committee reviewed the open offer made by Smart Services Private Limited to acquire up to 64,86,000 equity shares at ₹10 per share, representing 25% of the company's capital. The Independent Directors concluded that the open offer price is fair and reasonable.
Key Highlights
- Independent Directors met on June 11, 2026.
- Reviewed open offer by Smart Services Private Limited.
- Offer price of ₹10 per share deemed fair and reasonable.
- Open offer represents 25% of Sharp India's equity capital.
Price Impact
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