Archidply Industries Receives NCLT Approval for Promoter Group Amalgamation Schemes
April 22, 2026
Archidply Industries Limited has obtained NCLT Guwahati Bench approval for two amalgamation schemes within its promoter group entities, as communicated through official regulatory filing on April 17, 2026. The approved mergers involve Ravi Marketing and Services Private Limited with Assam Timber Products Private Limited, and Vanraj Suppliers Private Limited with Shree Shyam Tea Private Limited, resulting in shareholding consolidation within the promoter group without affecting overall company control or management.
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:
Amalgamating Entity: Amalgamated Entity: Ravi Marketing and Services Private Limited Assam Timber Products Private Limited Vanraj Suppliers Private Limited Shree Shyam Tea Private Limited
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:
Impact Parameter: Details Overall Promoter Group Shareholding No change Control or Management No change Restructuring Scope Internal within promoter group
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.
Financial Metric Q3FY26 Q3FY25 Change (%) Revenue from Operations ₹12,146.05 lakhs ₹11,141.70 lakhs +9.0% Total Income ₹12,160.09 lakhs ₹11,167.62 lakhs +8.9% Net Profit ₹172.64 lakhs ₹89.25 lakhs +93.5% Earnings Per Share ₹0.87 ₹0.45 +93.3%
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.
Nine-Month Metrics FY26 (9M) FY25 (9M) Change (%) Revenue from Operations ₹36,763.40 lakhs ₹33,594.77 lakhs +9.4% Net Profit ₹709.47 lakhs ₹501.67 lakhs +41.4% Total Comprehensive Income ₹717.69 lakhs ₹553.30 lakhs +29.7%
Segment-wise Performance
The company's diversified product portfolio showed mixed performance across segments during Q3FY26:
Segment Q3FY26 Revenue Q3FY25 Revenue Change (%) Plywood and Allied Products ₹8,117.95 lakhs ₹7,707.58 lakhs +5.3% Laminates and Allied Products ₹3,487.72 lakhs ₹3,063.00 lakhs +13.9% Medium Density Fibre Board ₹535.31 lakhs ₹365.46 lakhs +46.5%
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.
Regulatory Issue Details Penalty Amount ₹5,500 (incl. GST) each from BSE and NSE Total Penalty ₹11,000 Violation Non-compliance with Regulation 23(9) of SEBI LODR Issue Delay in disclosing related party transactions Status Penalties paid, corrective measures implemented
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.
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As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.
Approved Amalgamation Schemes
The NCLT has approved the following merger arrangements within Archidply's promoter group:
Amalgamating Entity: Amalgamated Entity: Ravi Marketing and Services Private Limited Assam Timber Products Private Limited Vanraj Suppliers Private Limited Shree Shyam Tea Private Limited
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:
Impact Parameter: Details Overall Promoter Group Shareholding No change Control or Management No change Restructuring Scope Internal within promoter group
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.
Financial Metric Q3FY26 Q3FY25 Change (%) Revenue from Operations ₹12,146.05 lakhs ₹11,141.70 lakhs +9.0% Total Income ₹12,160.09 lakhs ₹11,167.62 lakhs +8.9% Net Profit ₹172.64 lakhs ₹89.25 lakhs +93.5% Earnings Per Share ₹0.87 ₹0.45 +93.3%
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.
Nine-Month Metrics FY26 (9M) FY25 (9M) Change (%) Revenue from Operations ₹36,763.40 lakhs ₹33,594.77 lakhs +9.4% Net Profit ₹709.47 lakhs ₹501.67 lakhs +41.4% Total Comprehensive Income ₹717.69 lakhs ₹553.30 lakhs +29.7%
Segment-wise Performance
The company's diversified product portfolio showed mixed performance across segments during Q3FY26:
Segment Q3FY26 Revenue Q3FY25 Revenue Change (%) Plywood and Allied Products ₹8,117.95 lakhs ₹7,707.58 lakhs +5.3% Laminates and Allied Products ₹3,487.72 lakhs ₹3,063.00 lakhs +13.9% Medium Density Fibre Board ₹535.31 lakhs ₹365.46 lakhs +46.5%
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.
Regulatory Issue Details Penalty Amount ₹5,500 (incl. GST) each from BSE and NSE Total Penalty ₹11,000 Violation Non-compliance with Regulation 23(9) of SEBI LODR Issue Delay in disclosing related party transactions Status Penalties paid, corrective measures implemented
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.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.