Aica Kogyo Company Ltd, a promoter, increased its stake in Stylam Industries from 27.12% to 29.87% by acquiring 466,116 shares for ₹117.13 Cr at ₹2512.90 apiece. This acquisition was part of an open offer to public shareholders.
A manufacturer of decorative laminates and specialty surfaces, Stylam Industries produces high-quality products under its STYLAM brand for domestic and international markets. The company specializes in decorative laminates, compact laminates, solid surfaces, and PU lacquer coatings, serving customers across Europe and Southeast Asia. Its operations focus on manufacturing innovative surface solutions for interior design, architecture, and construction applications across residential and commercial segments.