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Aica Kogyo Company, Limited ( (JP:4206) ) has shared an update.
Aica Kogyo Company, Limited has detailed the progress of its plan to make India-based Stylam Industries Limited, a producer of melamine decorative laminates and related products, a consolidated subsidiary. The move strengthens Aica’s position in the global decorative laminates market by deepening its presence in India, a key growth region for construction and interior materials.
Following ongoing regulatory approvals, Aica now expects to launch its tender offer for Stylam shares between April 22 and May 6, 2026, under Indian takeover regulations. Completion of the share acquisition from Stylam’s founding family is anticipated in June or July, depending on tender offer voting results, and the company says it will continue necessary procedures and disclose further developments as they arise.
More about Aica Kogyo Company, Limited
Aica Kogyo Company, Limited is a Japan-based manufacturer in the chemical and building materials sector, listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market. The company focuses on products such as decorative materials and related industrial laminates, serving construction, interiors, and industrial applications in domestic and overseas markets.
Average Trading Volume: 238,453
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen245.1B
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