27 Oct 2025 | 3 Mins Read
Japan's AICA to Acquire Majority Stake in Stylam Industries
Flipitmoney
AICA Kogyo is acquiring a controlling interest in Stylam Industries through a two-step process. AICA Kogyo will buy a 25% stake from Stylam's promoters and then an open offer for additional shares. If necessary, the Japanese company will buy shares directly from promoters to secure control. The deal values Stylam at ₹2,200–2,500 per share.