Lykis Ltd — Important, 01-01-1970: Company Update

An open offer for Lykis Limited by Parshav Vatika LLP and its associates aimed to acquire 26% of the company's shares at ₹34.50 each. However, the offer saw minimal participation, with only 201 shares tendered and accepted, significantly below the 50.37 lakh shares targeted. As a result, the acquirer's post-offer shareholding increased only slightly to 67.18%, meaning a large portion of Lykis's shares remain with public investors.