Aica Kogyo Company,Limited [4206.T]

TOKYO, Apr 13 (Pulse News Wire) – Aica Kogyo Company,limited (4206.T) disclosed plans to proceed with an open offer for Stylam Industries Limited, based in India, aiming to acquire its shares and integrate it as a subsidiary. On December 26, 2025, the board approved the acquisition strategy involving both private share purchases and a public tender offer.

Following regulatory progress in India, the company now expects the tender offer period to run from March 31, 2026, through May 6, 2026. Completion of the private share purchase is contingent upon the outcome of the tender offer but is anticipated to conclude between June and July 2026.

Aica Kogyo stated it will continue to advance necessary preparations for both the tender offer and the share acquisition. Any further significant developments will be promptly communicated to stakeholders.

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