Announced Mon, 28 Sept, 2026 · 11:32 IST
Arisinfra to buy 16% in Buildmex-Infra for Rs 60 cr; gives Rs 20 cr guarantee to subsidiary
ARIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹140.54
prior close
₹134.73
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+1.0+0.7+0.0-3.9+1.4-1.7-0.5+2.1-2.6————
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AI summary
Arisinfra board approved acquiring 16% stake in Buildmex-Infra Private Limited (material subsidiary) for Rs 60 crore cash from existing shareholder. BIPL trades construction materials, FY26 turnover Rs 179 crore versus Rs 18 crore in FY24. Separately, the company will give a corporate guarantee up to Rs 20 crore for NCDs to be issued by its wholly owned subsidiary Lionheart Trading. Both deals are at arm's length with no related party interest.
Likely market impact
Higher stake in fast-growing subsidiary is positive for growth; Rs 20 cr guarantee is a contingent liability worth monitoring.