ArisInfra Solutions receives NSE, BSE no-objection for amalgamation
ArisInfra Solutions Limited has received observation letters from both the National Stock Exchange (NSE) and BSE Limited with no adverse objections regarding the proposed amalgamation scheme of Arisunitern Re Solutions Limited with Arisinfra Solutions Limited. The NSE issued its 'No Objection' letter on July 20, 2026, and BSE issued its 'No Adverse Observations' letter on July 17, 2026. These letters follow the Board of Directors' approval of the scheme on March 18, 2026. The amalgamation is subject to further approvals from the National Company Law Tribunal (NCLT), shareholders, and creditors. The company has also been advised by SEBI to disclose ongoing proceedings and ensure financial information is not older than six months.
Key Highlights
- NSE and BSE have issued no-objection letters for the amalgamation scheme.
- The scheme involves the amalgamation of Arisunitern Re Solutions with Arisinfra Solutions.
- Further approvals from NCLT, shareholders, and creditors are still required.
- SEBI has provided comments regarding disclosures and financial data validity.
Price Impact
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