Sharp India Limited has announced the opening of a special window for transfer and dematerialisation of physical securities, following regulatory requirements under SEBI circular dated January 30, 2026. The company published newspaper advertisements in Financial Express (English) and Loksatta (Marathi) on April 15, 2026, to inform shareholders about this important facility.

Special Window Details

The special window has been established in accordance with SEBI circular HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This facility allows for re-examination of physical security transfer cases that were previously rejected despite being filed with original share certificates before April 1, 2019.

Company Information

Sharp India Limited operates from its registered office and factory located at Gat.no. 686/4, Koregaon Bhima, Tal. Shirur District, Pune Pin: 412 216. The company can be contacted through phones (02137) 670000/01 and maintains its website at www.sharpindialimited.com .

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Chandranil Belvalkar (Membership No.- A24015) signed the communication to BSE Limited on April 15, 2026.

Shareholder Benefits

This special window provides an opportunity for physical security holders to complete previously unsuccessful transfer requests. Shareholders who had their transfer applications rejected earlier can now re-submit their cases during the specified window period. The facility aims to resolve pending transfer issues and facilitate the dematerialisation process for eligible securities.

Detailed information about the special window facility is available on the company's website for shareholders seeking to understand the complete process and requirements.

Sharp India Limited has announced a significant ownership change through the execution of a Share Purchase Agreement (SPA) between its Japanese parent company and a new investor. The Board of Directors took note of this development during their meeting held on April 14, 2026, marking a pivotal moment in the company's corporate structure.

Transaction Details

The Share Purchase Agreement involves the sale of Sharp Corporation Japan's entire holding in Sharp India Limited to Smart Services Private Limited. The transaction encompasses substantial financial and operational implications for all stakeholders.

Formal Public Announcement

Navigant Corporate Advisors Limited has issued the formal public announcement for the mandatory open offer on behalf of Smart Services Private Limited. The announcement was submitted to BSE Limited on April 14, 2026, fulfilling regulatory requirements under SEBI (SAST) Regulations, 2011.

Regulatory Framework and Compliance

The open offer is triggered pursuant to Regulation 3(1) and Regulation 4 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer represents the entire public shareholding of 25.00% as the remaining 75.00% is being acquired through the Share Purchase Agreement.

Parties to the Agreement

Smart Services Private Limited, based in Pune at 403, Western Court, Building D, Opp. E-Square, Bhamburda, Shivaji Nagar, serves as the acquirer. The company is controlled by Mrs. Shaila Gaikwad, Corporate Legal Consulting Private Limited, and One Global Trust. Sharp Corporation acts as the selling shareholder, disposing of its entire 75.00% promoter holding.

Post-Transaction Corporate Structure

Upon completion of this transaction, Smart Services Private Limited will become the new promoter of Sharp India Limited. Sharp Corporation will cease to be the promoter and will be reclassified as a public category shareholder in accordance with Regulation 31A(10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations.