Please find the attached Intimation under PIT Regulations for Acquisition of shares by M/s. Parshav Vatika LLP
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter entity M/s. Parshav Vatika LLP acquired a total of 43,38,389 equity shares (22.39% shareholding) in Lykis Limited. The acquisition was done through two routes: (1) an off-market Share Purchase Agreement dated 18 December 2025 for 43,38,322 shares at ₹19.01 per share (₹8.25 crore), and (2) an Open Offer for 201 shares at ₹34.50 per share. Notably, 134 shares from the Open Offer were inadvertently credited to the PAC's account instead of the Acquirer's account and are being rectified. The intimation was signed by Jitendra Kumar Ranka, Designated Partner, on 26 May 2026.
The transaction increases promoter holding, signalling promoter confidence in the company. At 22.39%, this is a significant minority stake but still well below any regulatory threshold requiring an open offer trigger beyond what was already completed.