Lykis Ltd — Important, 18-12-2025: Company Update

Lykis Limited is undergoing a significant ownership change. An Acquirer group, comprising M/s. Parshav Vatika LLP, M/s. K8 Products LLP, and M/s. Tidagela Ventures Private Limited, has agreed to purchase 1.30 crore equity shares, or 67.17% of the company, from a Promoter Seller for ₹19.01 per share. This transaction will grant the Acquirer control over Lykis Limited, triggering an Open Offer for public shareholders. The Acquirer will offer to buy an additional 50.37 lakh shares, representing 26% of the company, at a price of ₹34.50 per share. This deal means the Acquirer group will become the new promoters, and the current promoter will exit.