Stylam Shares Dip 5% as Japan's AICA Kogyo Acquires 40% Stake for Rs 1,525 Cr

• Japan's AICA Kogyo will acquire a 40% stake in Stylam Industries for Rs 1,525 crore.
• Stylam Industries' shares fell 5% to Rs 2,185 apiece following the announcement.
• The acquisition involves promoters selling 27.12% and other shareholders selling 12.88% at Rs 2,250 per share.
• An open offer to public shareholders will follow, priced at a 2% discount to the previous closing.
• AICA Kogyo will have significant board representation, nominating up to 8 directors on a 15-member board.

Why It Matters: AICA Kogyo's Rs 1,525 Cr stake acquisition in Stylam Industries causes share dip, signals strategic partnership.