Description

Stylam Industries Limited clarifies that it is not privy to any discussions regarding Japan's AICA Kogyo acquiring a majority stake, as reported in media.

Summary

Stylam Industries Limited has issued a clarification regarding a news article published on www.cnbctv18.com dated October 28, 2025, which reported that Japan’s AICA Kogyo is looking to acquire a majority stake in the company. Stylam Industries has stated that it is not privy to any such discussions and cannot comment on the matter. The company has confirmed that there is no material information or impending announcement that may impact the scrip’s price or volume behavior.

Key Points

  • News article on CNBCTV18 reported potential acquisition by Japan’s AICA Kogyo
  • Company denies knowledge of any such discussions
  • No material information or impending announcement exists
  • Company complies with Regulation 30 of SEBI LODR for timely disclosure
  • The news article has no impact on the company’s operations
  • BSE Scrip Code: 526951

Regulatory Changes

No regulatory changes mentioned.

Compliance Requirements

The company has confirmed its compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, stating that it promptly intimates stock exchanges regarding all events that have a bearing on operations, performance, and price-sensitive information.

Important Dates

  • October 28, 2025: Date of company’s clarification letter
  • October 28, 2025: Date of news article publication

Impact Assessment

The clarification has minimal market impact as it is a routine denial of media speculation. The company has explicitly stated that the news article does not have any impact on its operations. There is no price-sensitive information disclosed, and the company maintains that there are no material developments that could affect the scrip’s price or volume behavior. This is a standard corporate communication to address market rumors and maintain transparency as required under SEBI regulations.

Impact Justification

Routine clarification denying knowledge of acquisition talks reported in media. No material impact on operations or price-sensitive information disclosed.