Arisinfra Solutions Limited has informed the Exchange about Amalgamation/Merger
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Arisinfra Solutions Limited (ASL) has approved a scheme to merge its wholly-owned subsidiary Arisunitern Re Solutions Private Limited (AUSPL) into itself under Sections 230-232 of the Companies Act, 2013. No cash will be paid; shareholders of AUSPL will receive 517 equity shares of ASL (face value Rs. 2) for every 10 shares held in AUSPL (face value Rs. 10). AUSPL had a turnover of Rs. 43.18 crore and net worth of Rs. 19.57 crore in FY25, compared with ASL's standalone turnover of Rs. 535.22 crore and net worth of Rs. 236.10 crore. The merger is subject to NCLT, SEBI, stock exchange, shareholder and creditor approvals. Post-merger, ASL's total share count will rise from about 8.18 crore to 8.85 crore shares, with promoter holding diluting from 37.59% to 34.71%.
This is a simplification of the group structure by absorbing a subsidiary, which should eliminate non-controlling interest, improve EPS and reduce compliance costs. Existing ASL shareholders face a small dilution of about 8.3% in their stake, while gaining full economic interest in AUSPL's advisory and real-estate services business.