Assam Timber Products Private Limited Acquires Equity in Archidply Decor Ltd via Inter-se Transfer
Assam Timber Products Private Limited has acquired a significant stake in Archidply Decor Limited through an inter-se transfer of shares. The acquisition was completed as part of a Scheme of Amalgamation amongst Promoter Group Companies, and the transaction involved 706962 equity shares representing 12.70% of the company.The details regarding this shareholder transition provide insight into the evolving ownership structure of Archidply Decor Limited. Assam Timber Products Private Limited increased its holding in the target company following the transfer.
Shareholding Details Summary
The transaction involved Assam Timber Products Private Limited acquiring shares from Ravi Marketing & Services Private Limited. The shift in shareholding for Archidply Decor Limited is detailed below:| Stakeholder | Role | Pre-Transaction Shares (No.) | Pre-Transaction % | Post-Transaction Shares (No.) | Post-Transaction % |
|---|---|---|---|---|---|
| Assam Timber Products Private Limited | Acquirer / Promoter | 1,102,937 | 19.81% | 1,809,899 | 32.51% |
| Ravi Marketing & Services Private Limited | Seller / Transferor | 706,962 | 12.70% | 0 | 0 |
The acquisition was conducted via an inter-se transfer of shares, driven by the amalgamation process. This move solidifies the promoter group’s interest in Archidply Decor Limited as part of the larger corporate restructuring.
ADL Stock Price Movement
Shares of Archidply Decor Limited slipped by 0.68% today, settling at ₹71.8 after trading closed. The equity moved within a range of ₹68.31 to ₹71.8 during the 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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