Shareholding8 Jun 2026, 01:11 pm
Shree Shyam Tea Acquires 19.85% Stake in Archidply Industries
AI Summary
Shree Shyam Tea Private Limited has acquired 3,943,509 equity shares of Archidply Industries Limited, representing 19.85% of the total share capital. This acquisition was made pursuant to a scheme of amalgamation amongst promoter group companies. Following the transaction, Shree Shyam Tea's total holding in Archidply Industries increased to 4,221,409 shares, constituting 21.25% of the total equity share capital. The acquisition was completed on June 5, 2026, through an amalgamation process.
Key Highlights
- Shree Shyam Tea acquired 19.85% stake in Archidply Industries.
- Total holding increased to 21.25% post-acquisition.
- Acquisition was part of a promoter group amalgamation.
- Transaction completed on June 5, 2026.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
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