Arkade Developers to acquire Woollen and Textile Industries Limited
Arkade Developers (ARKADE) said it has agreed a deal to acquire Woollen and Textile Industries Limited. The company is valued at about ₹2,004 crore.
What happened
In a filing with the BSE on 3 November 2026 at 12:09 PM, Arkade Developers (ARKADE) said that it has agreed a deal to acquire Woollen and Textile Industries Limited.
Company snapshot
Arkade Developers is a small-cap company, with a market value of about ₹2,004 crore.
The stock last traded at ₹107.9, against a 52-week range of ₹92.62–₹176 (38.7% below the high).
Before this filing the shares had moved −12.2% over the month and −24.2% over three months. Average daily turnover over the last 20 sessions was about ₹1.99 crore.
Promoters held 71.19% at the end of Q2 FY27. Foreign institutions owned 0.15% and domestic institutions 0.61%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 264 | 45.8 | 2.47 |
| Q3 FY26 | 197 | 40.3 | 2.17 |
| Q4 FY26 | 197 | -109.5 | -5.9 |
| Q1 FY27 | 147 | 19.1 | 1.03 |
| Q2 FY27 | 145 | 24.8 | 1.35 |
What history shows
BCEIE has no earlier m&a filing from this company on record since May 2026.
Market-wide, 2,273 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Arkade Developers FY26 revenue rises 19% to ₹828 crore
- Arkade Developers Q2 Results: Profit drops sharply as revenue falls 45%
- Arkade Developers’ net profit declines 46% to ₹24.80 crore in Q2 FY27
- Arkade Developers Q2 Profit Drops 44% to Rs 26 Cr
- Arkade Developers Sept-Quarter Consol Net Profit 248.1 Million Rupees
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.