StockWatch
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Plywood Boards/ Laminates
Shareholding8 Jun 2026, 02:36 pm

Shree Shyam Tea Acquires 17.71% Stake in Archidply Decor

AI Summary

Shree Shyam Tea Private Limited has acquired 985,877 equity shares, representing 17.71% of the total share capital, in Archidply Decor Limited. This acquisition was made pursuant to a scheme of amalgamation amongst promoter group companies. Following the acquisition, Shree Shyam Tea's total holding in Archidply Decor stands at 1,055,352 equity shares, amounting to 18.96% of the total share capital. The transaction was executed via amalgamation.

Key Highlights

  • Shree Shyam Tea acquired 17.71% stake in Archidply Decor.
  • Total holding increased to 18.96% post-acquisition.
  • Acquisition was part of a promoter group amalgamation scheme.
  • Transaction details filed under SEBI Takeover Regulations.