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Firm Matters

Stylam Industries Limited - Sale of shareholding in SIL to Aica Kogyo Company Limited by members of the promoter group

  • 07-Jan-2026

Khaitan & Co advised certain promoters of Stylam Industries Ltd (“SIL”) on sale of substantial shareholding in SIL (c. 40%) to Aica Kogyo Company Ltd. The deal inter-alia triggers a mandatory tender offer for an additional 26% stake in SIL 

The Firm advised the members of the promoter and promoter group on structuring, negotiation and documentation for the Proposed Transaction.

Deal Team

Stylam Industries Limited

The core team consisted of Abhishek Dadoo (Partner), Jayantika Khanna (Principal Associate), Trisha Shetty (Associate) and Vaishnavi Salimath (Associate).