Authum Investment & Infrastructure Limited appointed Mr. Amit Dangi as interim Chief Financial Officer while approving its annual report for FY26. The Board also re-appointed two independent directors for a second five-year term.

The decisions were taken at a Board meeting held on August 25, 2026. The Company scheduled its 44th Annual General Meeting (AGM) for September 28, 2026, to be conducted via video or audio conferencing.

Governance and Leadership Changes

The Board re-appointed Mr. Haridas Bhat and Mr. Rahul Bagaria as Non-Executive Independent Directors. Their second term of five years will commence on August 1, 2027, and conclude on July 31, 2032, subject to shareholder approval at the AGM.

Mr. Bhat brings over 40 years of experience as a Practicing Chartered Accountant, specializing in Income Tax matters. Mr. Bagaria has approximately 14 years of professional experience and serves as a Partner at Bagaria & Co. LLP, offering assurance and financial advisory services.

Interim CFO Appointment

Mr. Amit Dangi was appointed as Interim Chief Financial Officer in addition to his existing role as Whole-time Director. This appointment ensures continuous financial oversight while the Company conducts a search for a permanent candidate.

Mr. Dangi is a Chartered Accountant with prior experience at Ernst & Young and PricewaterhouseCoopers LLP. He plays a pivotal role in the Company’s operational activities and manages investment opportunities.

Authum Investment & Infrastructure Ltd has secured regulatory clearance to proceed with the acquisition of specific assets from Wind World (India) Limited, marking a significant step in its expansion strategy. The National Company Law Tribunal, Ahmedabad Bench, approved the resolution plan on July 27, 2026, under the Insolvency and Bankruptcy Code, 2016. This approval validates the consortium’s approach to restructuring Wind World’s business, allowing Authum to finalize its financial commitment of approximately ₹350 crore for the targeted assets.

The resolution plan was submitted by a consortium consisting of Inox Neo Energies Limited as the lead member and Authum Investment & Infrastructure Limited. The tribunal’s order formalizes the division of Wind World’s operational and physical assets between the two entities. While Inox Neo Energies will take over the power generation and maintenance segments, Authum is positioned to acquire the real estate holdings, diversifying its asset base through this insolvency-led acquisition.

Asset Allocation Structure

The approved plan delineates clear boundaries for the transfer of assets and liabilities from Wind World (India) Limited. The division ensures that each consortium member acquires the segments aligned with their core competencies.

Authum’s financial exposure is capped at approximately ₹350 crore, which covers the purchase price for the identified real estate and associated assets. This structured approach mitigates risk by isolating the power generation operations, which are being handled by Inox Neo Energies, from the real estate portfolio that Authum is targeting.

Regulatory Compliance and Next Steps

The company disclosed the development in an intimation filed with the Bombay Stock Exchange and the National Stock Exchange of India Limited on July 28, 2026. The filing cites Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates immediate disclosure of material events. The announcement references an earlier communication dated February 20, 2026, where the initial proposal was outlined to investors.

With the tribunal’s approval in place, the consortium can now move towards the implementation phase of the resolution plan. This involves the legal transfer of titles and operational handovers. For Authum, the successful closure of this deal adds tangible real estate assets to its balance sheet, potentially enhancing its long-term value proposition for shareholders.