Corporate Action6 Jun 2026, 10:11 pm
Archidply Industries: Amalgamation Scheme Effective
AI Summary
Archidply Industries Ltd announced that its Scheme of Amalgamation has become effective on June 05, 2026, following its filing with the Registrar of Companies. This marks the completion of the NCLT-sanctioned amalgamation. Consequently, shareholdings of Ravi Marketing & Services Private Limited and Vanraj Suppliers Private Limited in Archidply Industries have vested into Assam Timber Products Private Limited and Shree Shyam Tea Private Limited, respectively. The company clarified that this is an internal restructuring within the promoter group, resulting in no change to the aggregate promoter shareholding, management, or control. Archidply is now updating its statutory records to reflect these changes.
Key Highlights
- Scheme of Amalgamation is now effective as of June 05, 2026.
- Internal restructuring within promoter group completed.
- No change in aggregate promoter shareholding or control.
- Shareholding vested between promoter group entities.