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Japan firm to buy 53% of Stylam Ind in ₹2,030 cr deal
Mint Mumbai
|December 27, 2025
In what has become the latest entry in a flurry of inbound Japanese deals into India, Aica Kogyo Co. is set to acquire up to 53.12% stake in Indian laminates firm Stylam Industries Ltd for up to ₹2,030 crore.
Stylam Industries's promoters will sell up to 40% of their stake to the Japanese materials manufacturing major Aica Kogyo Co. in two tranches, Stylam announced in a regulatory notice.
The first promoter group, comprising Pushpa, Dipti and Manav Gupta, will be offloading a total of 27.12% stake, or 45.96 lakh shares, while the second group, made up of Jagdish, Nidhi and Saru Gupta, will be selling another 2.182 million shares, worth a 12.88% stake in the company.
Both groups will be selling their shares at ₹2,250 apiece, and in two tranches, which brings their total share sale value to ₹1,525 crore.
Diese Geschichte stammt aus der December 27, 2025-Ausgabe von Mint Mumbai.
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