Acquisitions13 Mar 2026, 09:22 pm
Srujan Alpha Capital Advisors LLP Recommends Acquisition of Lykis Ltd Shares by Parshav Vatika LLP, K8 Prodcuts LLP, and Tidagela Ventures Private Limited at ¥34.50/- Per Share
AI Summary
Srujan Alpha Capital Advisors LLP, the Manager to the Offer, has submitted to BSE a copy of the Recommendations of the Committee of Independent Directors to the Shareholders of Lykis Ltd. The Target Company will be acquired by Parshav Vatika LLP, K8 Prodcuts LLP, and Tidagela Ventures Private Limited at an offer price of ¥34.50/- per fully paid up share. The Recommendations of the Committee of Independent Directors have been published in The Financial Express (English Daily), Jansatta (Hindi Daily), and Pratahkal (Marathi Daily) on March 13, 2026.
Key Highlights
- Srujan Alpha Capital Advisors LLP recommends the acquisition of Lykis Ltd by Parshav Vatika LLP, K8 Prodcuts LLP, and Tidagela Ventures Private Limited.
- The offer price for the acquisition is ¥34.50/- per fully paid up share.
- The Recommendations of the Committee of Independent Directors have been published in major newspapers.
- The acquisition is in compliance with Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments.