Announced Wed, 8 Jul · 16:30 IST
Promoter Assam Timber acquires 12.7% in Archidply Decor via inter-se transfer
ADL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹72.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.8—+0.6-2.8+1.9-0.5————
Up moveDown movePending
AI summary
Assam Timber Products Pvt Ltd, a promoter of Archidply Decor, acquired 7,06,962 equity shares (12.70%) from fellow promoter Ravi Marketing & Services via inter-se transfer under SEBI SAST Reg 10(1)(d)(iii). Transfer follows NCLT-approved scheme of amalgamation among promoter group companies. Post-acquisition, Assam Timber stake rose from 19.87% to 32.51%. No cash consideration; share-based swap. No open offer triggered as it qualifies for inter-se promoter exemption.
Likely market impact
Internal promoter group consolidation; no open offer, no fresh equity dilution, and no new external buyer. Promoter control unchanged.