ArisInfra Solutions Ltd Approves Amalgamation of ArisUnitern RE Solutions, Aims to Create a Unified, Scaled Network
ArisInfra Solutions Limited, a tech-enabled B2B company focused on simplifying procurement of construction materials across India, has approved the amalgamation of its subsidiary, ArisUnitern RE Solutions Private Limited. The amalgamation is set to become effective upon receipt of requisite approvals from the National Company Law Tribunal (NCLT), SEBI, the Stock Exchanges, shareholders, creditors, and other regulatory and statutory authorities. The move aims to create a unified, scaled network across services and construction materials, eliminating non-controlling interest and unlocking cross-selling and operational synergies. ArisUnitern has recorded strong and consistent growth since formation, more than tripling its revenues over three years.
Key Highlights
- ArisInfra Solutions Limited has approved the amalgamation of its subsidiary, ArisUnitern RE Solutions Private Limited.
- The amalgamation aims to create a unified, scaled network across services and construction materials.
- ArisUnitern has recorded strong and consistent growth since formation, more than tripling its revenues over three years.
- The amalgamation is expected to eliminate non-controlling interest and unlock cross-selling and operational synergies.
- The move is part of ArisInfra's strategy to strengthen its position in the value chain and participate more deeply in each project it touches.