Assam Timber Products Acquires Shares in Archidply Industries Through Amalgamation
Assam Timber Products Private Limited, a member of the Promoter Group Companies, has acquired 2,827,850 Equity Shares of Archidply Industries Limited. The acquisition was conducted through the process of amalgamation and was completed on June 5, 2026.The transaction details reveal that Assam Timber Products undertook this acquisition in relation to a scheme of amalgamation among Promoter Group Companies concerning Archidply Industries Limited. As part of the move, the acquiring company has now held a total of 5,083,636 shares, resulting in a holding percentage of 25.60%.
The details regarding the holding and acquisition are summarized below:
| Metric | Before Acquisition | During Acquisition | After Acquisition |
|---|---|---|---|
| Shares Carried Voting Rights (Target) | 2,255,786 (11.36%) | 2,827,850 (14.24% of total diluted share/voting capital) | 5,083,636 (25.60% holding) |
| Target Company | Archidply Industries Limited | Achidply Industries Limited | Archidply Industries Limited |
| Acquirer Status | Promoter Group | Promoter Group | Promoter Group |
| Mode of Acquisition | N/A | Amalgamation | N/A |
Prior to the acquisition, Archidply Industries Limited had 2,255,786 shares carrying voting rights (representing 11.36% of total share capital), while the acquiring company maintained a similar holding percentage.
The equity share capital and total voting capital of Archidply Industries Limited were both reported as 19,865,000 Equity Shares of Rs. 10 each before and after the acquisition. The transaction was carried out on June 5, 2026.
ARCHIDPLY Stock Price Movement
Shares of Archidply Industries Limited are edging higher to ₹77.52 as of 1:09 PM today, reflecting a marginal gain of 0.01%. The stock trades on a volume of 1,673 shares during the live market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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