It further said Japanese parent Sharp Corporation, the majority shareholder, 'is exploring various options and strategic alternatives, including sale of its shareholding in the company to potential buyers'.

  • Sharp had reportedly registered Yen 50 billion operating loss during the first half of 2015 on account of loss-making LCD business unit.
  • In India, Sharp sells TV panels, refrigerators, Acs, washing machine, vacuum cleaners etc in the home products category.  
  • In business products category, it sells multifunction printers, projector, solar Photovoltaic and touch screen etc.   
  • Sharp India had a revenue of Rs 189.04 crore in FY 2014-15.

 

Latest News  from Business News Desk