Archidply Industries Limited has received approval from the Hon'ble National Company Law Tribunal, Guwahati Bench for two amalgamation schemes within its promoter group entities. The company informed stock exchanges about this development on April 17, 2026, through an official regulatory filing under Regulation 30 of SEBI listing regulations.

Approved Amalgamation Schemes

The NCLT has approved the following merger arrangements within Archidply's promoter group:

Once the schemes become effective, the shareholding previously held by the amalgamating entities will vest in their respective amalgamated entities. This will result in a consolidation of shareholding within the promoter group structure.

Impact Assessment

The company has clarified through its official communication that the approved amalgamation schemes will have limited impact on its operations and structure:

This internal reorganization represents a streamlining of the promoter group's corporate structure without affecting the fundamental ownership or governance of Archidply Industries.

Implementation Timeline

The schemes will become effective upon filing certified copies of the NCLT order with the Registrar of Companies. The company secretary Atul Krishna Pandey signed the regulatory filing on April 17, 2026, confirming receipt of intimation from promoter entities regarding the NCLT approval.

Following the schemes becoming effective, Archidply Industries has committed to making appropriate disclosures as required under regulatory frameworks. The company will submit revised shareholding patterns to stock exchanges in accordance with Regulation 31 of the SEBI LODR Regulations within prescribed timelines after the schemes become effective, ensuring full transparency and compliance with listing requirements throughout the transition process.

Archidply Industries Limited delivered strong financial performance in Q3FY26, with net profit surging 93.5% year-on-year despite facing regulatory challenges and exceptional items related to new labour legislation.

Financial Performance Overview

The company reported impressive growth across key financial metrics for the quarter ended December 30, 2025. Net profit increased substantially to ₹172.64 lakhs compared to ₹89.25 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance

For the nine months ended December 31, 2025, the company maintained its growth trajectory with revenue from operations reaching ₹36,763.40 lakhs compared to ₹33,594.77 lakhs in the previous year, representing a 9.4% increase.

Segment-wise Performance

The company's diversified product portfolio showed mixed performance across segments during Q3FY26:

Plywood and Allied Products remained the largest revenue contributor, while the Medium Density Fibre Board segment showed the highest growth rate at 46.5% year-on-year.

Exceptional Items and Regulatory Matters

The company recorded an exceptional item of ₹138.86 lakhs in Q3FY26 due to the impact of new Labour Codes notified by the Government of India on November 21, 2025. These codes consolidated twenty-nine existing labour laws and resulted in increased gratuity and leave liabilities.

The Board of Directors noted that the company has since complied with the prescribed requirements and implemented necessary corrective steps to ensure strict compliance going forward.

Consolidated Results

On a consolidated basis, which includes subsidiary Archidpanel Industries Private Limited, the company reported revenue from operations of ₹16,799.88 lakhs in Q3FY26 compared to ₹15,075.63 lakhs in Q3FY25. Consolidated net profit stood at ₹160.94 lakhs compared to a loss of ₹175.45 lakhs in the previous year quarter.

Board Meeting and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 30, 2026. The meeting commenced at 12:30 PM and concluded at 2:45 PM. The results have been subjected to limited review by statutory auditors GRV & PK, Chartered Accountants, who issued an unmodified review report.