Additional 16% stake in material subsidiary Buildmex-Infra to be acquired for ₹60 crore, taking holding to 92%

ARIS will acquire an additional 16% in material subsidiary Buildmex-Infra (BIPL) for ₹60 crore — 16,000 equity shares — taking holding to 92%, expected to complete by September 30, 2026.

Mon 28 Sep 2026

Stake to be acquired

Additional 16% in Buildmex-Infra Private Limited (BIPL)

Total holding after acquisition

92%

Consideration

₹60 crore for 16,000 equity shares

BIPL Revenue FY26

₹179.03 crore

Expected completion date

September 30, 2026

What was announced

ArisInfra Solutions said it will acquire an additional 16% stake in its material subsidiary, Buildmex-Infra Private Limited (BIPL), taking its total holding to 92%.

• Shares to be acquired: 16,000 equity shares
• Consideration: ₹60 crore
• Expected completion: by September 30, 2026
• Seller: BIPL's existing minority shareholder
• The transaction is not a related party transaction

About the subsidiary

BIPL procures, trades and distributes construction materials for infrastructure and real estate projects. Its revenue was ₹17.93 crore in FY24, ₹70.36 crore in FY25 and ₹179.03 crore in FY26 — described as roughly a tenfold increase in two years.

Funding angle

The company expects its trade deposits and advances to reduce by a corresponding ₹60 crore, so it states the acquisition will not draw down its overall cash position.

Management comment

Chairman & Managing Director Ronak Morbia said increasing ownership now is a deliberate, long-term decision, and that the company sees headroom for growth and margin expansion in this business.

How investors may read it

A higher ownership share means a larger portion of the subsidiary's profits and losses flows to ArisInfra's shareholders, while minority interest falls. The update frames the purchase as funded through a reduction in trade deposits and advances rather than fresh cash outgo. Completion is still expected, not yet confirmed as done. The press release also carries a forward-looking statements caution, noting past performance is not necessarily indicative of future results.

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