Please find the attached Intimation under SEBI (PIT) Regulations for Acquisition of Shares by Tidagela Ventures Private Limited
M&A
● No Immediate Change
LOW RISK
📅 Filed on BSE: 26 May 2026, 06:28 PM IST · BSE ID: dd593ff9-f056-4ae8-a9bf-6831271494e3
View Original BSE Filing (PDF)
💡
In Simple Terms
A new company, Tidagela Ventures, bought 22.39% of Lykis Limited shares for ₹8,25,00,000.
🤖 AI Summary
- Tidagela Ventures Private Limited acquired 43,38,322 Equity Shares of Lykis Limited.
- This acquisition represents a 22.39% stake in Lykis Limited for the promoter entity.
- The transaction value for the shares was ₹8,25,00,000, at ₹19.01/- per share.
- The share acquisition occurred off-market on May 25, 2026, and was intimated on May 26, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Securities Acquired (Equity Shares)
43,38,322
Value of Acquisition
₹8,25,00,000
Post-acquisition Shareholding
22.39%
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders based on this intimation of share acquisition.
👤
Who Is Affected
Existing shareholders are affected by a change in the company's promoter group, with Tidagela Ventures Private Limited now holding 22.39% of total Equity Shares.
🔍
Management Signal
This transaction confirms the addition of Tidagela Ventures Private Limited to the company's promoter group, indicating a shift in ownership structure.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarterly shareholding pattern filing for promoter group changes.
Board meeting outcomes for any new appointments or strategic decisions.
Company announcements for any operational updates from new promoter influence.
LOW RISK
The filing reports a completed off-market share acquisition, not a future event or an event with inherent risks.
💡 Investor Takeaway
Tidagela Ventures Private Limited acquired 43,38,322 Equity Shares, representing a 22.39% stake in Lykis Limited, for ₹8,25,00,000 off-market on May 25, 2026. This formally establishes Tidagela as a promoter entity.
⚖️ Strengths & Concerns
✅ Positives
- Tidagela Ventures Private Limited acquired a significant 22.39% stake, indicating commitment from a new promoter entity.
- The transaction value of ₹8,25,00,000 for 43,38,322 shares establishes a clear valuation for this off-market block.
📅 Company Track Record
A past filing on May 26, 2026, indicated K8 Products LLP acquired 22.39% of Lykis Ltd for ₹8,25,00,000 off-market, which matches the details of this current filing concerning Tidagela Ventures. Another filing on April 27, 2026, confirmed the completion of Lykis Ltd acquisition by Srujan Alpha Capital Advisors LLP through a Post Offer Advertisement.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
Which entity acquired shares in Lykis Limited?
M/s. Tidagela Ventures Private Limited acquired shares in Lykis Limited, and is classified as a promoter.
What was the total value of the share acquisition by Tidagela Ventures?
The total value of the acquisition by Tidagela Ventures Private Limited was ₹8,25,00,000.
How many shares did Tidagela Ventures Private Limited acquire?
Tidagela Ventures Private Limited acquired 43,38,322 Equity Shares of Lykis Limited.
What percentage of Lykis Limited's shareholding does Tidagela Ventures now hold?
Tidagela Ventures Private Limited now holds 22.39% of Lykis Limited's Equity Shares post-acquisition.
When did the share acquisition by Tidagela Ventures take place?
The share acquisition by Tidagela Ventures Private Limited took place off-market on May 25, 2026.
Questions based on this BSE filing only. For information purposes.