Latest news about Sharp
Sharp
125.25
+1.20(+0.97%)
Company Performance:
View Company Insights1D+0.97%
1M0.00%
6M+169.70%
1Y+123.46%
5Y0.00%
More news about Sharp
05Jun 26
Sharp India revises authorized KMPs for disclosures
Sharp India updated the Key Managerial Personnel authorized to determine materiality and make disclosures under Regulation 30. The Board also noted that new management is contemplating business activities for revenue growth.
04Jun 26
Sharp India open offer schedule revised to June 16-30, 2026
Smart Services Private Limited has revised the open offer schedule to acquire an additional 25% stake in Sharp India Limited, with the offer now set to open on June 16, 2026, and close on June 30, 2026, at a price of ₹10 per share. This follows the acquirer's completion of a 75% stake acquisition on June 2, 2026, pursuant to a Share Purchase Agreement. Navigant Corporate Advisors Limited submitted the Letter of Offer to SEBI on June 4, 2026, incorporating SEBI's observations and updating the timeline for offer activities.
15May 26
Sharp India Reports Widened Net Loss of ₹2,419.89 Lakh in FY26 on Not Going Concern Basis
Sharp India Limited reported a widened net loss of ₹2,419.89 lakh for the year ended March 31, 2026, compared to ₹1,928.71 lakh in the previous year, with zero revenue from operations as production has been ceased since FY 2015-16. The company, operating on a 'not going concern' basis since Q2 FY26, recorded accumulated losses of ₹19,077.65 lakh and an annual EPS of ₹(9.33). A key post-balance sheet development includes Sharp Corporation, Japan, entering into an SPA to divest its entire 75% stake to Smart Services Private Limited for ₹19.45 crore.
06May 26
Sharp India Limited Schedules Board Meeting to Approve Q4 and FY26 Audited Results
Sharp India Limited will hold a board meeting on May 14, 2026, via video conference to approve the audited financial results for the quarter and fiscal year ending March 31, 2026, in compliance with SEBI regulations.
15Apr 26
Sharp India Limited Opens Special Window for Physical Share Transfer and Dematerialisation
Sharp India Limited has opened a special window from April 1 to July 1, 2024, for transfer and dematerialisation of physical securities following SEBI circular dated January 30, 2026. The facility allows re-examination of previously rejected physical share transfer cases filed with original certificates before April 1, 2019. Shareholders must register afresh to avail this facility, and securities will be subject to a one-year lock-in period.
15Apr 26
Sharp India Limited Receives Formal Open Offer Public Announcement from Smart Services
Sharp India Limited has received the formal public announcement for a mandatory open offer from Smart Services Private Limited through Navigant Corporate Advisors Limited. The open offer covers 64.86 lakh equity shares representing 25% of voting capital at ₹10 per share, triggered by Smart Services' acquisition of 75% stake from Sharp Corporation Japan for ₹194.58 crore under SEBI regulations.
14Apr 26
Sharp India Limited Executes Three Debt Assignment Agreements Worth ₹145.34 Crores
Sharp India Limited executed three debt assignment agreements between April 10-14, 2026, totaling ₹145.34 crores. The assignments include ECB of ₹15.84 crores from Sharp Corporation Japan to Unbounded Opportunities Fund SPC for ₹1.00 crore consideration, and subsidiary debts of ₹126.65 crores and ₹2.85 crores to Kripa Anand Rishi Cellular Private Limited for considerations of ₹7.94 crores and ₹18 lakhs respectively. All assignments are contingent upon transfer of Sharp Corporation's equity shares in Sharp India Limited to prospective buyers.
06Apr 26
Sharp India Limited Submits Q4FY26 Dematerialization Certificate to BSE
Sharp India Limited filed its Q4FY26 certificate under SEBI Regulation 74(5) with BSE, confirming proper dematerialization of securities during the quarter ended March 31, 2026. The certificate, supported by registrar MUFG Intime India Private Limited's confirmation, verifies that all securities were processed, mutilated, and cancelled within prescribed timelines with appropriate record updates.
11Feb 26
Sharp India Limited Reports Q3FY26 Net Loss of ₹589.71 Lakhs Amid Operational Challenges
Sharp India Limited reported a net loss of ₹589.71 lakhs for Q3FY26 with total income of ₹0.75 lakhs. The nine-month loss reached ₹1,850.86 lakhs against income of ₹3.02 lakhs. The company operates on a 'not going concern' basis due to accumulated losses of ₹18,508.62 lakhs and erosion of net worth. Sharp Corporation, Japan provides financial support through December 31, 2026.
02Feb 26
Sharp India Limited Schedules Board Meeting on February 10, 2026 for Q3FY26 Financial Results Approval
Sharp India Limited has scheduled a board meeting for February 10, 2026, to approve unaudited financial results for the quarter and nine months ended December 31, 2025. The meeting will be conducted via video conference in compliance with SEBI Regulation 29(1). Company Secretary Chandranil Belvalkar has formally notified BSE Limited about this scheduled meeting, ensuring proper regulatory compliance and stakeholder transparency.
11Nov 25
Sharp India Reports Significant Quarterly Loss, Shifts to Non-Going Concern Basis
Sharp India Limited reported a loss of Rs 743.96 lakhs for Q2 FY2026 and Rs 1,261.15 lakhs for H1 FY2026. The company has ceased production activities since FY 2015-16 and shifted to a 'not going concern' basis for financial reporting due to persistent losses and operational challenges. This resulted in an exceptional charge of Rs 216.87 lakhs. Sharp Corporation, Japan continues to provide financial support until at least September 30, 2026. The company is exploring alternate revenue streams amidst significant uncertainty.
31Oct 25
Sharp India Limited Shifts to 'Not Going Concern' Accounting Basis Amid Operational Challenges
Sharp India Limited has changed its accounting policy from 'going concern' to 'not going concern' basis, approved by the Board of Directors. The company has not produced LED TVs since April 2015 and Air Conditioners since June 2015 due to lack of orders. Management has reevaluated the company's financial position based on communication from Sharp Corporation, the promoter and holding company. Despite operational challenges, Sharp Corporation, Japan, has confirmed its commitment to provide financial and operational support. The company is exploring alternative revenue streams, but the timeline for success remains uncertain.
08Aug 25
Sharp India Reports Rs 517.19 Lakh Loss in Q1, Reappoints Independent Director
Sharp India Limited reported a net loss of Rs 517.19 lakh for Q1 ended June 30. Total income was Rs 1.25 lakh, while expenses reached Rs 518.44 lakh. The company has not produced LED TVs since April 2015 and air conditioners since June 2015 due to lack of orders. Accumulated losses stand at Rs 17,174.95 lakh. Sharp Corporation, Japan continues to provide financial support. Auditors issued a qualified conclusion for the 17th consecutive time. The Board approved reappointment of Abhijeet Bhagwat as Independent Director and appointed new Secretarial Auditor.
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