Open Offer20 May 2026, 05:21 pm
Stylam Industries: Open Offer Shares Accepted at ₹2,250
AI Summary
ICICI Securities, as the manager to the open offer for Stylam Industries, has submitted a post-offer advertisement regarding the open offer by Aica Kogyo Company Limited to acquire 26% of Stylam's voting share capital. The offer price was ₹2,250 per equity share. The offer opened on April 22, 2026, and closed on May 6, 2026. As per the post-offer advertisement, 4,66,116 shares were accepted out of the 44,06,496 shares tendered.
Key Highlights
- Aica Kogyo's open offer for Stylam Industries closed on May 6, 2026.
- The offer price was ₹2,250 per equity share.
- 4,66,116 shares were accepted in the open offer.
- The total consideration paid was ₹104,87,61,000.
- ICICI Securities was the manager for the open offer.
Price Impact
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