Infra.Market may go public through reverse merger with Shalimar Paints

•Infra.Market may go public through a reverse merger with Shalimar Paints.

•Shalimar Paints will issue Rs 10,440 crore worth of shares and CCPS to Hella Infra Market, Infra.Market's parent company.

•Infra.Market's cofounders, Aaditya Sharda and Souvik Sengupta, will receive significant amounts of CCPS in the proposed transaction.

•Shalimar Paints plans to raise up to Rs 1,000 crore through a QIP to fund growth and strengthen its access to public markets.