Archidply Industries Limited has announced the re-appointment of Mr. Pritam Singh as a Non-Executive Independent Director for a second consecutive term of five years, effective from June 18, 2026, to June 17, 2031. The appointment was approved by shareholders through a postal ballot conducted via remote e-voting, with 99.99% of votes cast in favour of the resolution. This decision ensures the continuity of leadership within the company's board structure.

The remote e-voting process commenced on May 17, 2026, and concluded on June 15, 2026. A total of 13,895,850 votes were polled, representing 69.95% of the total outstanding shares. The resolution required a special majority, which was comfortably met as the votes in favour significantly exceeded the votes against, complying with Section 114 of the Companies Act, 2013.

Voting Results Breakdown

The detailed voting pattern indicates strong support from the promoter group, while public shareholders also participated in the process. The scrutinizer, Rajneesh Sharma of Rajneesh Sharma & Co., validated the results and confirmed the resolution's passage.

Director Profile and Compliance

Mr. Pritam Singh (DIN: 01168865) brings 28 years of experience in consultancy services, specializing in business analysis, systems architecture, and project management. He is not related to any of the directors of the company and is not debarred from holding the office of director by any SEBI order or other authority.

The postal ballot notice was sent to shareholders on May 08, 2026, in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilized the e-voting facility provided by KFin Technologies Limited. The Scrutinizer's report, dated June 16, 2026, confirmed the resolution was duly passed. The results have been submitted to the stock exchanges and will be available on the company's website.

Shree Shyam Tea Private Limited has acquired 3,943,509 equity shares, representing 19.85% of the diluted share capital of Archidply Industries Limited , through an inter-se transfer pursuant to a scheme of amalgamation amongst promoter group companies. The transaction, executed under Regulation 10(1)(d)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was disclosed to the stock exchanges on June 11, 2026. This move consolidates the promoter group's holding in the decorative laminates and plywood sector entity, with shares listed on BSE Ltd and NSE Ltd.

Acquisition Details

The acquisition was completed via an inter-se transfer of shares without any open offer, as exempted under the specified regulations. Prior to the transaction, Shree Shyam Tea Private Limited held 277,900 shares, accounting for 1.40% of the total share capital. Following the amalgamation, the entity's total shareholding has increased to 4,221,409 equity shares, constituting 21.25% of the paid-up share capital of the target company.

Transferor Details

Vanraj Suppliers Private Limited acted as the transferor for this transaction. The entity disposed of its entire holding of 3,943,509 shares, which represented 19.85% of the total share capital. Post-transaction, Vanraj Suppliers Private Limited holds zero shares in Archidply Industries Limited.

Shareholding Pattern

The table below details the shift in shareholding for the acquirer and the transferor involved in the scheme of amalgamation:

Regulatory Compliance

The disclosure was submitted under Regulation 10(6) of the SEBI (SAST) Regulations, 2011. The acquirer confirmed that a disclosure under Regulation 10(5) was not required for this specific acquisition. The scheme of amalgamation facilitated the restructuring of holdings within the promoter group without altering the total equity share capital of the target company.