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Corporate News

Arisinfra Solutions to acquire 16% stake in Buildmex-Infra for Rs 60 crore
29-Sep-2026, 12:57

Arisinfra Solutions Limited announced that its board approved the acquisition of 16,000 equity shares, representing 16% of the equity share capital, of Buildmex-Infra Private Limited from an existing shareholder for a cash consideration of Rs 60 crore, with the acquisition expected to be completed by September 30, 2026. Additionally, the board approved providing a corporate guarantee of up to Rs 20 crore to Lionheart Trading Private Limited, a wholly-owned subsidiary, in connection with the issuance of non-convertible debentures by the subsidiary to Texterity Private Limited.