The Bombay Dyeing and Manufacturing Company Limited (BSE:500020) acquired remaining 4.3% stake in Archway Investment Company Limited from minority shareholders for approximately INR 130 million on September 3, 2016. Under the transaction, The Bombay Dyeing and Manufacturing Company Limited acquired 0.22 million shares at a price of INR 559.75 per share of Archway Investment Company Limited. After the transaction, Archway Investment Company Limited has become wholly owned subsidiary of The Bombay Dyeing and Manufacturing Company Limited. As of March 31, 2016, Archway Investment Company Limited reported turnover of INR 96 million, total assets of INR 887 million, and net income of INR 22 million. National Securities Depository Limited and Central Depository Services India Limited acted as depository banks, Citigroup CIB acted as financial advisor, and Karvy Computershare Private Limited acted as transfer agent for The Bombay Dyeing and Manufacturing Company Limited. The Bombay Dyeing and Manufacturing Company Limited (BSE:500020) completed the acquisition of remaining 4.3% stake in Archway Investment Company Limited from minority shareholders on September 3, 2016.