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Parshav Vatika LLP, alongside K8 Products LLP and Tidagela Ventures Private Limited, has made a mandatory open offer to acquire up to 50.38 lakh (26%) shares of Lykis Limited from public shareholders. The offer price is ₹34.50 per share, totaling up to ₹17.38 Cr. This open offer was triggered by the acquirers' agreement to purchase 1.30 Cr shares (67.17%) from the promoter at ₹19.01 per share for ₹24.75 Cr, leading to a change in control. The acquirers plan to continue and expand Lykis Limited’s existing trading and distribution business. Public shareholders now have an opportunity to tender their shares.