Arisinfra buys 16% in Buildmex-Infra for Rs 60 cr; Rs 20 cr unit guarantee
ARIS · price
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On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 6.8 pts less than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Arisinfra's board approved acquiring an additional 16% stake (16,000 shares) in Material Subsidiary Buildmex-Infra Private Limited from existing shareholder Mr. Balavignesh Subramani for Rs 60 crore in cash, to be completed by September 30, 2026. BIPL trades in construction materials, with turnover rising from Rs 17.93 cr in FY24 to Rs 179.03 cr in FY26. The board also approved a Rs 20 crore corporate guarantee for NCDs to be issued by wholly owned unit Lionheart Trading Private Limited in favour of Texterity Private Limited.
Bolt-on buyout of material subsidiary lifts ownership and future earnings share; Rs 20 cr guarantee is a contingent liability tied to the unit's NCD raise.