An unknown buyer agreed to acquire 0.05% stake in Sharp India Limited (BSE:523449) from Sharp Corporation (TSE:6753) on December 22, 2017. Under the terms, Sharp Corporation sold 13,120 shares of Sharp India Limited and decreased its stake to 75%. The transaction is approved by Securities and Exchange Board of India. The transaction is expected to close on January 15, 2018.

An unknown buyer completed the acquisition of 0.05% stake in Sharp India Limited (BSE:523449) from Sharp Corporation (TSE:6753) on January 15, 2018.