
ArisInfra Acquires 16% Stake in Buildmex-Infra for ₹60 Cr
Arisinfra Solutions Limited's Board of Directors, in a meeting held on September 28, 2026, approved the acquisition of 16,000 equity shares, representing 16% of the share capital, in its material subsidiary, Buildmex-Infra Private Limited, from existing shareholder Mr. Balavignesh Subramani for a cash consideration of INR 60 crore. The acquisition aims to increase the company's ownership and economic interest in Buildmex-Infra, enabling more significant participation in its future growth. Additionally, the board approved Arisinfra providing a Corporate Guarantee for Senior, Secured, Unrated, Unlisted, Redeemable Non-Convertible Debentures to be issued by its wholly-owned subsidiary, Lionheart Trading Private Limited (LTPL). The acquisition is expected to be completed by September 30, 2026.
Key Highlights
- ArisInfra acquires 16% stake in Buildmex-Infra for ₹60 crore.
- Acquisition aims to increase ownership and participation in subsidiary's growth.
- Corporate Guarantee approved for subsidiary Lionheart Trading's NCD issuance.
- Acquisition to be completed by September 30, 2026.
Price Impact
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