Assam Timber Products Private Limited has increased its shareholding in Archidply Industries Ltd to 25.60% following the acquisition of 2,827,850 equity shares. The acquisition, representing 14.24% of the diluted share capital, was executed via an inter-se transfer of shares pursuant to a Scheme of Amalgamation among promoter group companies. The transaction was carried out under Regulation 10(1)(d)(iii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which provides an exemption from making an open offer.

The shares were transferred from Ravi Marketing & Services Private Limited to Assam Timber Products Private Limited. As a result of this transfer, Ravi Marketing & Services Private Limited's shareholding in Archidply Industries Limited has reduced to zero. The disclosure regarding this acquisition was submitted to the stock exchanges on June 11, 2026, in compliance with Regulation 10(6) of the SEBI (SAST) Regulations, 2011.

The following table details the shareholding changes before and after the transaction:

The disclosure confirmed that a prior intimation under Regulation 10(5) of the SEBI (SAST) Regulations, 2011 was not required for this specific acquisition. The transfer is part of a restructuring exercise within the promoter group, aimed at consolidating shareholding. Archidply Industries Limited is listed on both BSE Ltd and NSE Ltd.

Archidply Industries Limited has issued a Postal Ballot Notice dated May 08, 2026, seeking shareholder approval through remote e-voting for the re-appointment of Mr. Pritam Singh (DIN: 01168865) as a Non-Executive Independent Director for a second consecutive term of five years, effective June 18, 2026, to June 17, 2031. The notice was filed with BSE Limited and the National Stock Exchange of India Limited on May 14, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot and E-Voting Details

The resolution is being put to members as a Special Resolution. The e-voting facility has been made available through KFin Technologies Limited, the Company's Registrar and Transfer Agent. Members whose names appear in the Register of Members or Register of Beneficial Owners as on the Cut-Off Date of May 08, 2026, are eligible to vote.

The notice is being sent exclusively through electronic means to members who have registered their email addresses with the Company, Depositories, Depository Participants, or the RTA. Hard copies of the notice and postal ballot forms will not be dispatched. The proposed resolution, if approved by the requisite majority, shall be deemed to have been passed on June 15, 2026, the last date of e-voting.

Background of the Re-appointment

The Board of Directors, at its meeting held on May 08, 2026, approved the re-appointment of Mr. Pritam Singh based on the recommendation of the Nomination and Remuneration Committee, following a performance evaluation. Mr. Pritam Singh's first term as Independent Director ends on June 17, 2026. The Board has noted that his continuance would be beneficial to the Company, given his professional background and contributions during his tenure.

The following table provides key details of Mr. Pritam Singh as disclosed in the Postal Ballot Notice:

Mr. Pritam Singh has confirmed that he meets the criteria of independence under Section 149(6) of the Companies Act, 2013, and Regulation 16 of the SEBI Listing Regulations. He has also confirmed that he is not debarred from holding the office of Director by any order of SEBI or any other statutory authority.

Appointment of Internal Auditor

In addition to the director re-appointment, the Board at its May 08, 2026 meeting approved the appointment of Girdhari Sharma & Co. (Firm Registration No. 312171E) as the Internal Auditor of the Company for the financial year 2026-27. The firm was established on August 13, 1979, and consists of two partners — Mr. G.L. Sharma (B.Com(H), A.C.S., L.L.B., F.C.A., DISA) and Mr. N.L. Sharma (B.Com(H), FCA). The firm brings over 40 years of experience in conducting statutory and internal audits across diversified sectors, including manufacturing of plywood, medicines, production and distribution of films, hotels, construction companies, engineering products, plastic products, petrol pumps, partnership firms, charitable trusts, trading companies, and NBFCs.

Scrutinizer and Results Disclosure

The Board appointed M/s Rajneesh Sharma & Company, Practicing Company Secretaries, as the Scrutinizer to oversee the postal ballot e-voting process in a fair and transparent manner. Upon completion of the scrutiny, the Scrutinizer will submit the results to the Chairman or any other authorised officer of the Company. The Postal Ballot results, along with the Scrutinizer's Report, will be submitted to BSE Limited and the National Stock Exchange of India Limited within two working days from the conclusion of the e-voting period. The results will also be uploaded on the Company's website at www.archidply.com and on the KFin Technologies Limited website. The necessary disclosures have been made in accordance with Regulation 30 of the SEBI Listing Regulations and relevant SEBI circulars.