We enclose herewith the Post Offer Advertisement published on April 27, 2026
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Lykis Ltd has submitted a Post Offer Advertisement to BSE regarding an open offer by Parshav Vatika LLP (Acquirer), along with K8 Products LLP and Tidagagela Ventures Private Limited (Persons Acting in Concert). The offer is to acquire up to 50,37,541 equity shares, representing 26% of the total voting share capital of Lykis Ltd, at a price of ₹34.50 per share of ₹10 face value. The advertisement was published on April 27, 2026 in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi). Srujan Alpha Capital Advisors LLP is acting as the manager to the offer.
This is a procedural filing confirming the completion of the open offer process under SEBI Takeover Regulations. Shareholders who tendered their shares have already been settled; the post-offer advertisement discloses the final outcome. No new price action is expected from this filing itself, though it finalises the change in shareholding pattern triggered by the open offer.