Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
ArisInfra Files Papers for INR 500 Cr IPO; Issue To Open On June 18
ArisInfra, a company specializing in integrated infrastructure solutions, has filed its draft papers with the market regulator, SEBI, for an Initial Public Offering (IPO). The company plans to raise approximately Rs 500 crore through the public issue, which is scheduled to open on June 18, 2025. The IPO will consist of a fresh issue of shares to raise capital for the company's growth plans, and may also include an Offer for Sale (OFS) component, allowing existing shareholders to sell a portion of their stake. The funds raised from the fresh issue will likely be used for capital expenditure, repayment of debt, and for general corporate purposes. The filing of the IPO papers is a significant step for ArisInfra, as it seeks to tap the public markets to fund its expansion and enhance its visibility and corporate standing.