Sharp India: Open Offer Advertisement Published

Sharp India Ltd has announced the publication of a pre-offer advertisement in terms of SEBI (SAST) Regulations, 2011. The advertisement, issued by Navigant Corporate Advisors Limited on behalf of Smart Services Private Limited, pertains to an open offer for up to 64,86,000 equity shares, representing 25% of the company's capital, at an offer price of ₹10.00 per share. The Committee of Independent Directors has deemed the offer price justified. The Letter of Offer was dispatched on June 8, 2026, and the Draft Letter of Offer was submitted to SEBI on April 28, 2026, with final observations received on May 29, 2026. The acquirer has also recently acquired 1,94,58,000 equity shares.