Announced Wed, 17 Jun · 16:30 IST
Stylam board adds 7 Aica Kogyo directors, grants Aica special rights
Management Changes View source PDF
STYLAMIND · price
▲ 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
+0.9%1-day move
₹3316.50
prior close
₹3320.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.3-0.2+0.3+0.9-4.0-5.5-1.1-1.7-2.4-0.9+2.8——
Up moveDown movePending
AI summary
On June 17, 2026, Stylam Industries' board approved appointing 8 new directors (1 independent and 7 nominees from Japanese partner Aica Kogyo) under a December 2025 shareholders agreement. The board also approved amending the Articles of Association to grant Aica Kogyo up to 8 board nominations, quorum rights, and other special rights. Remuneration of MD and WTD was also increased.
Likely market impact
Japanese partner Aica Kogyo gains major board influence and special governance rights. Watch for shareholder vote and any shift in company strategy.