Smart Services to acquire 25% of Sharp India via open offer at Rs 10/share
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Navigant Corporate Advisors Ltd, the manager to the offer, has submitted a Pre-Offer Advertisement to BSE for an open offer to acquire up to 64,86,000 equity shares (25% of paid-up capital) of Sharp India Ltd at Rs 10 per share by Smart Services Private Limited. The advertisement was published on June 15, 2026 in Financial Express, Jansatta, Navshakti, and Loksatta under SEBI SAST Regulations, 2011.
Shareholders can tender shares at Rs 10 each during the open offer window. Signals acquisition activity and potential change in control of Sharp India.