Shareholding8 Jun 2026, 01:07 pm
Assam Timber Products Acquires 14.24% Stake in Archidply Industries
AI Summary
Assam Timber Products Private Limited has acquired 2,827,850 equity shares, representing 14.24% of the total share capital, in Archidply Industries Limited. This acquisition was made pursuant to a scheme of amalgamation amongst Promoter Group Companies. Following the acquisition, Assam Timber Products Private Limited's total holding in Archidply Industries Limited increased from 11.36% to 25.60%. The transaction was completed on June 5, 2026.
Key Highlights
- Assam Timber Products acquired 14.24% stake in Archidply Industries.
- Total holding increased to 25.60% post-acquisition.
- Acquisition was part of an amalgamation scheme among promoter group companies.
- Transaction date was June 5, 2026.
Price Impact
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