Aica Kogyo (Japan) open offer at ₹2,250/share for 26% of Stylam

Open Offer TriggeredListed Co AcquisitionMarquee Jv AnnouncedStrategic Transactions View source PDF

STYLAMIND · price

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▲ 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

+1.4%1-day move

₹2220.00

prior close

₹2216.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1+0.2+0.5+0.4+1.4+1.1+1.1+0.9+1.3+1.1+4.3+13.3+47.9+46.1

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AI summary

Japan's Aica Kogyo has launched a mandatory open offer to acquire up to 44,06,496 equity shares (26% stake) of Stylam Industries at ₹2,250 per share, aggregating up to ~₹991.46 crore. The offer follows share purchase agreements signed on Dec 26, 2025 to buy 40% from existing promoters, making Aica a joint promoter alongside the existing promoter group. Tendering period: April 22 to May 6, 2026. Manager: ICICI Securities.

Likely market impact

Public shareholders can tender shares at ₹2,250. Marquee Japanese acquirer signals positive sentiment; deal completion may support stock price and trigger re-rating.