Archive · 26 Dec 2025
Japan's AICA Kogyo Acquires 40% Stake in Stylam Industries
A Japanese company called AICA Kogyo has bought a big part (40%) of an Indian company called Stylam Industries.
They paid a lot of money (Rs 1,525 crore) for this.
The people who owned Stylam Industries before (the promoters) sold some of their shares to AICA Kogyo.
After this news, the price of Stylam Industries' shares went down a little bit.
AICA Kogyo will now have a say in who sits on the board of Stylam Industries.
They will also make an offer to other shareholders to buy more shares at a slightly lower price.
Japan’s AICA Kogyo acquires 40% stake in Stylam Industries for Rs 1,525 crore.
The stake is purchased from promoters at Rs 2,250 per share.
AICA Kogyo will make an open offer to public shareholders at a 2% discount to the last closing price.
The acquisition will result in AICA Kogyo nominating 8 out of 15 board members.
Stylam Industries' stock declined by 2.2% following the announcement.
- Who
- Stylam Industries promoters and Japan’s AICA Kogyo
- What
- AICA Kogyo acquires 40% stake in Stylam Industries
- When
- Transaction details announced in an exchange filing
- Where
- India and Japan
- Why
- AICA Kogyo aims to expand its presence in the Indian market
- Company
- Stylam Industries
- Acquirer
- AICA Kogyo
- Stake Acquired
- 40%
- Transaction Value
- Rs 1,525 crore
- Share Price at Transaction
- Rs 2,250 per share
- Open Offer Price
- Rs 2,300.50 per share (2% discount)
- Board Seats for Acquirer
- 8 out of 15
- Stock Decline Post-Announcement
- 2.2%
