Authum Inv & Infr has made a significant move in its capital structure by allotting Non-Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) worth Rs 200.00 crores to its promoter, Mentor Capital Limited. This development, announced on December 5, 2025, follows a series of corporate approvals and shareholder consent.

Key Details of the Allotment

Corporate Governance Process

The allotment of these preference shares followed a structured corporate governance process:

1. Board Approval: The initial decision was made at a Board Meeting held on October 16, 2025.
2. Shareholder Approval: A special resolution was passed by the shareholders through a postal ballot on November 17, 2025.
3. Public Announcement: The company made an announcement under Regulation 30 on November 18, 2025.
4. Final Allotment: The Fund Raising and Allotment committee of the Board met on December 5, 2025, to finalize the allotment.

This move by Authum Inv & Infr represents a significant capital infusion from its promoter group. The allotment of preference shares, as opposed to equity shares, suggests a strategic decision that allows the company to raise capital without immediately diluting existing shareholders' equity.

The non-convertible nature of these preference shares means they will not be converted into equity shares in the future, maintaining the current equity structure of the company. Additionally, being non-cumulative, any unpaid dividends on these shares will not accumulate or be carried forward to future years.

Investors and market watchers may want to keep an eye on how Authum Inv & Infr utilizes this capital infusion and its potential impact on the company's future growth and financial strategies.

Authum Investment Infrastructure Limited (AIIL) has announced the successful completion of its acquisition of BICCello (India) Private Limited, marking a significant corporate move in the investment infrastructure sector.

Key Details of the Acquisition

Transaction Overview

Authum Investment Infrastructure Limited has finalized the purchase of 4,14,87,608 equity shares from the existing shareholders of BICCello (India) Private Limited. This transaction, which was initially announced on October 28, 2025, grants AIIL complete ownership and voting control over BICCello.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This adherence to regulatory requirements underscores the transparency of the acquisition process.

Implications and Outlook

While the specific strategic implications of this acquisition have not been detailed in the disclosure, such a move typically suggests that Authum Investment Infrastructure Limited is looking to expand its portfolio or strengthen its position in the market. The 100% stake acquisition indicates a significant commitment to BICCello's operations and potential.

Investors and market watchers will likely be keen to observe how this acquisition impacts Authum's business operations and financial performance in the coming quarters. As always, stakeholders are advised to keep an eye on future announcements and financial reports for a comprehensive understanding of the acquisition's impact on the company's growth strategy and market position.