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Arisinfra Solutions To Acquire 16% Additional Stake In Buildmex-Infra For ₹60 Crore

Mumbai: Arisinfra Solutions Limited announced on Saturday that it will acquire an additional 16% stake in its material subsidiary, Buildmex-Infra Private Limited, for ₹60 crore. This acquisition will raise Arisinfra's total holding in Buildmex-Infra to 92%. Acquisition Details The acquisition involves 16,000 equity shares. The company expects the transaction to be completed by September 30, 2026.…

Arisinfra Solutions To Acquire 16% Additional Stake In Buildmex-Infra For ₹60 Crore

Mumbai: Arisinfra Solutions Limited has announced plans to acquire an additional 16% stake in its subsidiary, Buildmex-Infra Private Limited, for ₹60 crore. This move will increase Arisinfra's total ownership in Buildmex-Infra to 92%. Key Details The acquisition comprises 16,000 equity shares and is expected to be finalized by September 30, 2026.

Buildmex-Infra's Expansion Buildmex-Infra is involved in the procurement, trade, and distribution of construction materials. Its revenue saw a significant increase, growing from ₹17.93 crore in FY24 to ₹70.36 crore in FY25, and further to ₹179.03 crore in FY26. Strategic Partnership Arisinfra Solutions is also partnering with the Wadhwa Group to drive a ₹650 crore Panvel Township project.

Financial Impact The acquisition is expected to reduce Arisinfra's trade deposits and advances by ₹60 crore, ensuring the company's overall cash position remains unaffected. Management Insights Ronak Morbia, Chairman and Managing Director of Arisinfra Solutions, stated that increasing ownership in Buildmex-Infra is a strategic, long-term decision.

He highlighted the significant growth potential and margin expansion opportunities in the business. Transaction Details The shares being acquired are from Buildmex-Infra's existing minority shareholder. This story is based on company exchange filings and is provided for informational purposes only. Investors are advised to conduct their own risk assessments before making any investment decisions.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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