Authum Inv & Infr has completed the allotment of Non-Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) worth Rs 250 crores to its promoter, Mentor Capital Limited. The Fund Raising Committee of the Board approved this allotment at its meeting held on December 17, 2025.

Allotment Details

The company has provided updated details regarding the preference share allotment, which differs from earlier reported figures:

Regulatory Compliance

The allotment was conducted pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier intimation dated December 9, 2025, regarding the proposed allotment.

Strategic Implications

The preference shares carry a 0.01% dividend rate and are non-convertible, meaning they will not be converted into equity shares, thereby maintaining the current equity structure. Being non-cumulative, any unpaid dividends will not accumulate for future payment.

This capital infusion from the promoter group represents a strategic financial move that could support the company's growth initiatives and strengthen its capital base for future business expansion.

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.