Dollar Shortcut to the Public Markets – Outlook Business
Infra.Market is pursuing a fast-tracked, non-IPO public listing through a ₹10,400 crore share swap with its subsidiary, Shalimar Paints. This reverse merger provides rapid liquidity but risks diluting minority shareholders
Building materials marketplace Infra.Market is exploring a potential entry into the public markets through a non-IPO route. The company is pursuing a reverse merger with Shalimar Paints, a listed entity in which it holds a 52.8% promoter stake. If th... [3883 chars]