StockWatch
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Forest Products
Shareholding18 Jun 2026, 03:23 pm

Stylam Industries: Promoters Sell 10.13% Stake

AI Summary

Jagdish Gupta, Nidhi Gupta, and Saru Gupta, promoters of Stylam Industries Limited, have sold an aggregate of 17,16,240 equity shares, representing 10.13% of the company's paid-up equity share capital. The sale occurred on June 17, 2026, pursuant to a share purchase agreement with Aica Kogyo Company, Limited. This disclosure is made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Prior to the sale, the sellers collectively held 21.24% of the company's shares.

Key Highlights

  • Promoters sold 10.13% stake in Stylam Industries.
  • Sale involved 17,16,240 equity shares.
  • Transaction executed with Aica Kogyo Company, Limited.
  • Disclosure made under SEBI Takeover Regulations.
  • Sellers' pre-sale holding was 21.24%.