Regulatory8 Jul 2026, 04:29 pm
Archidply Industries: Promoter Group Amalgamation Filing
AI Summary
Archidply Industries Limited has filed a disclosure under SEBI (SAST) Regulations regarding an inter-se transfer of shares within the promoter group. Shree Shyam Tea Private Limited acquired 3,943,509 equity shares (19.85%) of Archidply Industries Limited through the amalgamation of Vanraj Suppliers Private Limited into Shree Shyam Tea Private Limited. This transaction was approved by the National Company Law Tribunal, Guwahati. The acquisition was an off-market, inter-se transfer with no cash consideration. The filing confirms compliance with reporting timelines and fee requirements.
Key Highlights
- Promoter group company amalgamation leads to share transfer.
- 19.85% stake acquired by Shree Shyam Tea Pvt Ltd.
- Transaction approved by NCLT, Guwahati.
- No cash consideration involved in the share transfer.
- Regulatory filings completed within stipulated timelines.
Price Impact
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