StockWatch
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Plywood Boards/ Laminates
Shareholding11 Jun 2026, 03:50 pm

Shree Shyam Tea Acquires 17.71% Stake in Archidply Decor via Amalgamation

AI Summary

Shree Shyam Tea Private Limited has acquired 985,877 equity shares, representing 17.71% of Archidply Decor Limited, through an inter-se transfer of shares. This acquisition is part of a scheme of amalgamation among promoter group companies and is exempt from an open offer under Regulation 10(1)(d)(iii) of the SEBI (SAST) Regulations, 2011. The transaction involved the transfer of shares from Vanraj Suppliers Private Limited to Shree Shyam Tea Private Limited.

Key Highlights

  • Shree Shyam Tea acquired 17.71% stake in Archidply Decor.
  • Acquisition is via inter-se transfer of shares.
  • Transaction is part of promoter group company amalgamation.
  • Exempt from open offer under SEBI SAST Regulations.
  • Vanraj Suppliers transferred shares to Shree Shyam Tea.