Lykis Ltd - 530689 - Announcement under Regulation 30 (LODR)-Open Offer - Updates
Lykis Ltd reclassified Mr. Nadir Dhorlia from the 'Promoter' to the 'Public' category, effective immediately. This reclassification follows the completion of an open offer by M/s. Parshav Vatika LLP and its PACs, who are now classified as the Promoters of the company.
May 26 2026 18:47:10
Lykis Ltd - 530689 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
Lykis' promoter, M/s. Parshav Vatika LLP, acquired 43.38 lakh equity shares in an open market purchase and open offer. This significant acquisition, valued at Rs.8.25 crore, increased the promoter's total holding to 22.39%.
May 26 2026 18:40:24
Lykis Ltd - 530689 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
Lykis promoter K8 Products LLP acquired 43.38 lakh equity shares for Rs. 8.25 crore on May 25, 2026. This off-market transaction increases the promoter's holding to 22.39%.
May 26 2026 18:32:29
Lykis Ltd - 530689 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
Lykis promoter Mr. Nadir Dhrolia sold 1.30 crore equity shares for Rs. 24.75 crore at Rs. 19.01 per share. This transaction represents a complete divestment of his 67.17% stake in the company via an off-market deal.
May 26 2026 18:20:28
Lykis Ltd - 530689 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Lykis promoter, Mr. Nadir Dhrolia, disposed of his entire shareholding of 1,30,14,966 shares, representing 67.17% of the company's total voting capital. The transaction was executed via an off-market route on May 25, 2026.
May 26 2026 17:56:43
Lykis Ltd - 530689 - Announcement under Regulation 30 (LODR)-Change in Management
Lykis Managing Director Nadir Dhrolia resigned from his position, effective June 1, 2026, to pursue alternate career opportunities. Separately, the board also accepted the resignations of the Company Secretary & Compliance Officer and an Independent Director, while appointing two new additional directors.
May 25 2026 17:14:48
Lykis Ltd - 530689 - Board Meeting Outcome for Meeting Held On 25 May, 2026
Lykis announced the resignation of its Managing Director, Mr. Nadir Dhrolia, effective June 1, 2026. This follows the resignations of the Company Secretary and an Independent Director, while two new Additional Directors have been appointed to the board.
May 25 2026 17:07:18
Lykis Ltd - 530689 - Announcement under Regulation 30 (LODR)-Open Offer - Updates
Lykis Limited is subject to an open offer from M/s. Parshav Vatika LLP, M/s. K8 Products LLP, and M/s. Tidagela Ventures Private Limited. The acquirers aim to purchase up to 50,37,541 equity shares, representing 26% of the company's total voting capital, at a price of ₹34.50 per share.
Apr 28 2026 12:08:23
Lykis Ltd - 530689 - Board Meeting Outcome for Outcome Of Board Meeting
Lykis reported strong FY26 consolidated financial results, with revenue growing 30.3% to ₹392.75 crore and net profit soaring 147.9% to ₹6.48 crore. Concurrently, promoters sold 67.17% of the equity, triggering an open offer for an additional 26.0% at ₹34.50 per share by a consortium including Parshav Vatika LLP.
Apr 27 2026 17:58:23
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