
Corporate Action6 Jun 2026, 07:51 pm
Archidply Decor Promoter Amalgamation Effective
AI Summary
Archidply Decor Ltd announced that the scheme of amalgamation among its promoter companies has become effective as of June 05, 2026. This internal restructuring involves the vesting of shares held by Ravi Marketing & Services Private Limited and Vanraj Suppliers Private Limited into Assam Timber Products Private Limited and Shree Shyam Tea Private Limited, respectively. The company stated that this does not alter the aggregate promoter shareholding, management, or control. Shareholding patterns before and after the scheme's implementation were provided, showing a shift in direct holdings among promoter entities but no change in overall promoter group stake.
Key Highlights
- Scheme of amalgamation among promoter companies is now effective.
- Internal restructuring involves share vesting between promoter entities.
- No change in aggregate promoter shareholding or company control.
- Shareholding patterns updated to reflect the amalgamation.
Price Impact
More from ADL