Aica Kogyo announces Open Offer for Stylam Industries, aiming to acquire 26% stake.
Stylam Industries Limited has received a copy of the detailed public statement regarding the open offer made by Aica Kogyo Company, Limited to its public shareholders. The open offer is for the acquis...
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Why is Stylam Industries Limited in the news today?
Stylam Industries Limited (STYLAMIND) is in the news due to the announcement is a mandatory disclosure regarding an open offer initiated by a third party (aica kogyo company, limited). while it signifies a significant corporate action, the immediate impact and sentiment for stylam industries itself are neutral until the offer progresses and its outcome is known. the information provided is factual and regulatory in nature.
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Aica Kogyo announces Open Offer for Stylam Industries, aiming to acquire 26% stake.
January 2, 2026, 09:54 AM
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More Details on This News
Stylam Industries Limited has received a copy of the detailed public statement regarding the open offer made by Aica Kogyo Company, Limited to its public shareholders. The open offer is for the acquisition of up to 44,06,496 equity shares, representing 26% of the voting share capital, at a price of ₹2,250 per share. This is in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total consideration for the open offer, assuming full acceptance, is approximately ₹991.46 crore. ICICI Securities Limited is acting as the Manager to the Open Offer. The detailed public statement was published on January 02, 2026, in various newspapers. The Acquirer intends to acquire a significant stake to gain control over the Target Company.
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