NCLT allows first motion for amalgamation of subsidiary with Arisinfra
ARIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 3.7 pts more than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
NCLT Mumbai admitted the scheme of amalgamation of Arisunitern Re Solutions Pvt Ltd (Arisinfra holds 73.75 percent) with Arisinfra Solutions Ltd. Swap ratio: 517 equity shares of Rs 2 each of Arisinfra for every 10 equity shares of Rs 10 each of AUSPL. Appointed date: April 1, 2026. NCLT directed meetings of equity shareholders and secured creditors of Arisinfra within 60 days. BSE and NSE have already given no-objection letters. Final NCLT sanction and shareholder/creditor approvals still pending.
Procedural step forward for the amalgamation. Shareholder and creditor meetings coming up. Final NCLT approval still pending. Watch for EPS accretion.