DevInc42about 2 hours ago
Infra.Market Reverse Listing Via Shalimar Paints
2 min read
Building materials unicorn Infra.Market is exploring a reverse listing through Shalimar Paints, which is considering acquiring Hella Infra Market shares via a ₹10,439.91 Cr share swap. Existing shareholders would receive Shalimar Paints equity and CCPS, potentially making Hella Infra Market an unlisted subsidiary.
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