Smart Money Alert
Sharp India
IncreasedSAST
523449Consumer ElectronicsMarket Cap₹348 Cr
Stake
0.75%
Shares
1.95 Cr
Trade date
2 Jun 2026
Since alert+16.3%₹114.25 → ₹132.85
Nifty 50−0.3%
SH
Sharp Corporation, Japan
Promoter
The move
Sharp Corporation, Japan, a promoter, completed an off-market transfer of 1,94,58,000 shares of Sharp India to Smart Services Private Limited pursuant to a Share Purchase Agreement dated April 14, 2026. This transaction resulted in Sharp Corporation, Japan, ceasing to be a promoter of Sharp India.
A consumer electronics manufacturer incorporated in 1985, Sharp India produces and sells LED televisions and air conditioning units for the Indian market. The company operates as a vertically integrated player in home appliances, focusing on display technology and climate control solutions. Sharp India serves residential customers through established retail distribution channels across India, competing in the competitive consumer durables segment.
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Smart Services Private LimitedIncreased
Smart Services Private Limited, a promoter, bought 19,48,000 shares of Sharp India for ₹22.69 Cr at ₹116.50 apiece in an open market transaction, increasing its stake to 0.75%. This is part of an ongoing change in control where Smart Services Private Limited is acquiring a 75% stake in Sharp India.
2 Jun 2026
Read more Sharp Corporation, JapanExited
Promoter Sharp Corporation, Japan, sold its entire stake of 19,458,000 shares in Sharp India on June 2, 2026, via an off-market transfer. The sale, valued at ₹19.46 crore (at ₹10 per share) to Smart Services Private Limited, reduced Sharp Corporation's holding from 75% to 0.00%, marking a full exit.
2 Jun 2026
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