Lykis Ltd — Important, 16-03-2026: Company Update

Lykis Limited has provided an update and corrigendum concerning the open offer by Parshav Vatika LLP and its partners. This offer seeks to acquire 0.50 Cr shares, representing 26% of Lykis's voting capital, at an unchanged price of ₹34.50 per share. The Independent Directors' Committee found the offer to be fair and reasonable for shareholders. Important revisions include the tendering period, now commencing on March 17 and closing on April 2. All public shareholders are eligible to participate during this period.