India's Arisinfra Solutions rises on unit's $41.7 million order win
BUZZ-India's Arisinfra Solutions rises on unit's $41.7 million order win ** Shares of Arisinfra Solutions ARIR.NS rise about 3% to 139.44 rupees
** Mumbai-based real estate developer Transcon Group appoints ARIR unit ArisUnitern as developer-as-a-service partner, co says
** Project has potential gross development value of about 4 billion rupees ($41.69 million)
** Under 18-month mandate, ArisUnitern will oversee construction and handle sales, marketing, collections and lender management, while materials will be supplied through Arisinfra's platform
** Co says all approvals are in place, with construction and sales to begin immediately
** YTD stock up about 7%
($1 = 95.9500 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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