StockWatch
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Forest Products
Shareholding20 May 2026, 05:11 pm

Stylam: Aica Kogyo Increases Stake to 29.87%

AI Summary

Aica Kogyo Company Ltd. acquired 4,66,116 shares of Stylam Industries Ltd. through on-market transactions, increasing its stake from 27.12% to 29.87%. The acquisition, completed on May 13, 2026, was part of a share purchase agreement to acquire up to 40% of Stylam's share capital. The total share capital of Stylam Industries remains at 1,69,48,060 equity shares.

Key Highlights

  • Aica Kogyo's stake in Stylam Industries rises to 29.87%.
  • 4,66,116 shares acquired on-market on May 13, 2026.
  • Acquisition part of agreement to acquire up to 40% stake.
  • Stylam's total equity share capital remains unchanged.
  • Aica Kogyo is classified as a promoter of Stylam Industries.