Aica Kogyo Company,Limited [4206.T]
TOKYO, Mar 31 (Pulse News Wire) – Aica Kogyo Company,limited (4206.T) announced plans to proceed with an open offer for shares of Stylam Industries Limited in India, aiming to make it a consolidated subsidiary. At a board meeting held on December 26, 2025, Aica Kogyo resolved to acquire part of Stylam's shares based on agreements with founding shareholders.
The initial plan was to conduct the open offer during February-March 2026; however, the start date remains contingent upon approval from regulatory authorities and completion of necessary procedures. Aica Kogyo stated it continues to advance the required processes but has yet to finalize the commencement date for the open offer.
The company emphasized its commitment to providing timely updates should there be any significant developments related to the open offer timeline or other pertinent matters.
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