The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Parshav Vatika LLP & Others

Promoter Stake BuyOwnership Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.0%1-day move

₹46.00

prior close

₹47.00

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.1-1.1+0.5-1.7-2.0-2.2-3.9-0.6-1.9-4.3-3.8-2.2-1.9—

Up moveDown movePending

AI summary

Parshav Vatika LLP, along with PACs K8 Products LLP and Tidagela Ventures Private Limited, has acquired 1,30,15,167 equity shares (67.17%) of Lykis Ltd. The acquisition was made through off-market purchase of 1,30,14,966 shares via Share Purchase Agreement dated December 18, 2025, plus 201 shares through a mandatory Open Offer for 26% equity. The existing promoter will relinquish control, and Parshav Vatika LLP will become the new promoter of the Target Company upon completion of regulatory compliances under Regulation 31A of SEBI LODR Regulations, 2015.

Likely market impact

This represents a complete change of control at Lykis Ltd, with the new acquirer (non-promoter group) taking a 67.17% stake and assuming promoter status. Existing shareholders should monitor for any further corporate actions, board changes, or open offer process completion details.