
Merger8 Jul 2026, 04:28 pm
Archidply Industries: Promoter Group Share Transfer via Amalgamation
AI Summary
Archidply Industries Ltd has filed a disclosure regarding the acquisition of 2,827,850 equity shares (14.24%) by Assam Timber Products Private Limited from Ravi Marketing & Services Private Limited. This inter-se transfer of shares occurred pursuant to a Scheme of Amalgamation between promoter group companies, approved by the National Company Law Tribunal. The acquisition was completed on June 5, 2026, with no cash consideration involved. Following the amalgamation, Assam Timber Products Private Limited's shareholding in Archidply Industries increased from 11.36% to 25.60%.
Key Highlights
- Promoter group entities involved in share transfer via amalgamation.
- Acquisition of 14.24% stake in Archidply Industries.
- Shareholding of acquirer increases to 25.60%.
- No cash consideration involved in the share transfer.
- Scheme of Amalgamation approved by NCLT.
Price Impact
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