Arisinfra Solutions Limited has informed the Exchange about Bagging/Receiving of orders/contracts -Update on the Contract by AVS Housing and Construction LLP
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Arisinfra Solutions has been awarded a Development Management Mandate by AVS Housing and Construction LLP worth approximately ₹40 crore, with execution over 2 to 3 years. The mandate involves development management, project execution, and material supply under an integrated delivery model. Importantly, this mandate was previously held by ArisUnitern RE Solutions Private Limited (ARES), a subsidiary of Arisinfra, and has now been transferred from the subsidiary to the parent company. The earlier mandate with ARES stands cancelled, but all other terms and conditions of the agreement remain unchanged. The contract is domestic and there is no related party interest involved.
This is an internal restructuring rather than new business — the contract remains within the Arisinfra group but moves from a subsidiary to the parent company, which could consolidate revenue recognition at the listed entity level. Shareholders should note this is not fresh order inflow but a reassignment of an existing mandate.