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Archidply Industries incorporates wholly-owned subsidiary; Stock sheds over 2.5%

14 Feb 2022 , 11:39 AM

Stock Market Trader, Stock Trader, Trading

Archidply Industries Ltd has informed that the Company has incorporated a wholly owned subsidiary company “ARCHIDPANEL INDUSTRIES PRIVATE LIMITED” on February 12, 2022.

The business of wholly owned subsidiary company would be in the field of Manufacturing and trading of Medium-Density Fibreboard (MDF) and its allied products.

Further, Archidpanel Industries Private Limited is incorporated with Registrar of Companies, Uttarakhand, on February 12, 2022 and is yet to commence its business operations.

At around 11:38 AM, Archidply Industries was trading at Rs50.70 apiece down by Rs1.4 or 2.69% against its previous closing of Rs52.10 apiece on the BSE.

Related Tags

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  • Archidply Industries Ltd
  • Archidply Industries Ltd shares
  • Archidply Industries Ltd stocks
  • incorporation
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