
Acquisitions28 Sept 2026, 11:33 am
Arisinfra Solutions Acquires 16% Stake in Buildmex-Infra for ₹60 Cr
AI Summary
Arisinfra Solutions Limited announced its Board of Directors has approved the acquisition of 16% equity shares in its material subsidiary, Buildmex-Infra Private Limited, for a cash consideration of INR 60 crore. The acquisition aims to increase Arisinfra's ownership and participation in Buildmex-Infra's future growth. Additionally, the Board approved providing a corporate guarantee for Senior, Secured, Unrated, Unlisted, Redeemable Non-Convertible Debentures to be issued by another wholly owned subsidiary, Lionheart Trading Private Limited. The acquisition is expected to be completed by September 30, 2026.
Key Highlights
- Arisinfra Solutions to acquire 16% stake in Buildmex-Infra.
- Acquisition cost is INR 60 crore, subject to closing adjustments.
- Deal aims to increase ownership and participation in subsidiary's growth.
- Corporate guarantee to be provided for subsidiary's NCD issuance.
- Acquisition expected to be completed by September 30, 2026.
Price Impact
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