StockWatch
·
Plywood Boards/ Laminates
Shareholding8 Jun 2026, 02:38 pm

Assam Timber Products Acquires 12.70% Stake in Archidply Decor

AI Summary

Assam Timber Products Private Limited has acquired 706,962 equity shares, representing 12.70% of the total share capital, in Archidply Decor Limited. This acquisition was made pursuant to a scheme of amalgamation among promoter group companies. Following the transaction, Assam Timber Products' total holding in Archidply Decor increased to 1,809,899 shares, constituting 32.51% of the company's equity share capital. The acquisition was completed on June 5, 2026.

Key Highlights

  • Assam Timber Products acquired 12.70% stake in Archidply Decor.
  • Total holding increased to 32.51% post-acquisition.
  • Acquisition was part of a promoter group amalgamation scheme.
  • Transaction details filed under SEBI Takeover Regulations.