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.

Authum Investment Infrastructure Limited has received shareholder approval for a significant capital raise through preference shares. The company plans to issue up to 2.45 crore Non-Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) worth Rs 2,450 crores to its promoter, Mentor Capital Limited, on a private placement basis.

Key Details of the Preference Share Issue

• Issue Size: Up to 2.45 crore NCRPS
• Face Value: Rs 10 per share
• Issue Price: Rs 1,000 per share (including a premium of Rs 990)
• Total Value: Up to Rs 2,450 crores
• Dividend Rate: 0.01% per annum (non-cumulative)
• Redemption: At a premium to provide 6.5% IRR

Shareholder Approval Process

The approval was obtained through a postal ballot, with the following voting results:

Additional Resolutions Passed

Shareholders also approved:

1. Appointment of Mr. Rajeev RA (DIN: 03125952) as an Independent Director for a five-year term.
2. A material related party transaction with Mentor Capital Limited for the preference share issuance.

Terms of the Preference Shares

• Tenure: 15 years from the date of allotment
• Early Redemption: Company has the option to redeem after one year
• Voting Rights: As per Section 47(2) of the Companies Act, 2013
• Listing: The NCRPS will not be listed on any stock exchange

This capital raise through preference shares may provide Authum Investment Infrastructure with additional funds for its operations and growth initiatives. However, investors should note that preference shares typically do not carry voting rights unless otherwise specified, and their returns are generally limited to the stated dividend rate.

The successful passage of these resolutions with overwhelming shareholder support indicates strong backing for the company's financial strategies and governance changes.