Ravi Marketing & Services Sells Shares of Archidply Industries Ltd in Amalgamation Transaction
Ravi Marketing & Services Private Limited has completed the disposal of equity shares of Archidply Industries Limited, a transaction executed as part of an amalgamation among Promoter Group Companies.The company disposed of 2827850 Equity Shares of Archidply Industries Limited. The sale was conducted on June 5, 2026, and falls under the mode of amalgamation.
Acquisition Details
Ravi Marketing & Services Private Limited, designated as a Promoter, held these shares prior to the disposal. The transaction details provided are summarized below:
| Particular | Value (Number) | Percentage (%w.r.t. total diluted share/voting capital) |
|---|---|---|
| Shares carrying voting rights in pre-acquisition holding | 2,827,850 | 14.24% |
The shares disposed of were held by Ravi Marketing & Services Private Limited, which is identified as a Promoter and belongs to the Promoter group.
Post-Transaction Status
Following the sale, the holding of shares carrying voting rights by Ravi Marketing & Services Private Limited stands at zero (0). This outcome was recorded across all aspects of the amalgamation transaction.
Company Capital Details
The Equity Share capital and total voting capital of Archidply Industries Limited both before and after the said acquisition/sale remained unchanged, listed as 19865000 Equity Shares of Rs. 10 each. The Total diluted share/voting capital of the company remains 19865000 Equity Shares of Rs. 10 each after the transaction.
The shares acquired and sold were executed in the mode of Amalgamation, with the date of sale noted as June 5, 2026.
ARCHIDPLY Stock Price Movement
Shares of Archidply Industries Limited are climbing slightly, trading up 0.01% and hitting ₹77.52 as of 1:23 PM today. The stock is navigating its intraday range, which spans from a low of ₹77.2 to a high of ₹79.88, amid 1,673 shares traded.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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