Open Offer21 Apr 2026, 11:20 am
Sharp India: Smart Services launches open offer for 25% at ₹10/share
AI Summary
Smart Services Private Limited has launched an open offer to acquire up to 64,86,000 equity shares of Sharp India Limited, representing 25.00% of its fully paid-up equity and voting share capital. The offer price is set at ₹10 per share. This open offer is made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following a Public Announcement on April 14, 2026, and a Detailed Public Statement published on April 21, 2026. The offer aims to acquire the entire public shareholding, which stands at 25%.
Key Highlights
- Smart Services launches open offer for Sharp India.
- Acquirer seeks 25% stake, totaling 64.86 lakh shares.
- Offer price is ₹10 per equity share.
- Offer targets entire public shareholding of Sharp India.
- Detailed Public Statement published on April 21, 2026.