StockWatch
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Plywood Boards/ Laminates
Merger8 Jul 2026, 04:40 pm

Archidply Decor: Promoter Group Amalgamation Leads to Share Transfer

AI Summary

Archidply Decor Limited has filed a disclosure regarding an inter-se transfer of shares within the promoter group, pursuant to a Scheme of Amalgamation. Shree Shyam Tea Private Limited acquired 985,877 equity shares (17.71%) of Archidply Decor Limited from Vanraj Suppliers Private Limited. This transaction was approved by the National Company Law Tribunal and falls under exemptions provided by SEBI (SAST) Regulations, 2011. The acquisition involved no cash consideration, as it was part of the amalgamation process. The company has filed the necessary reports with SEBI and the stock exchanges.

Key Highlights

  • Promoter group companies undergo amalgamation, resulting in share transfer.
  • Shree Shyam Tea Private Limited acquires 17.71% stake in Archidply Decor.
  • Transaction is an inter-se transfer under promoter group amalgamation.
  • No cash consideration involved; approved by NCLT.
  • Regulatory filings made as per SEBI (SAST) Regulations.