Mentor Capital and Alpana Dangi Boost Stake in Authum Investment to 74.28%

1 min read     Updated on 18 Aug 2025, 11:40 AM
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Shriram ShekharScanX News Team
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Overview

Mentor Capital Limited and Alpana Dangi have increased their combined stake in Authum Investment and Infrastructure Limited from 71.54% to 74.28%. The acquisition of 46,61,309 additional shares through open market purchases on August 14, 2025, resulted in a 2.74% increase in their shareholding. After the transaction, Alpana Dangi holds 65.30% and Mentor Capital Limited holds 3.49% of the company's shares, with 6.24% being encumbered shares. The company's total equity share capital remains at Rs. 16,98,45,100.

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*this image is generated using AI for illustrative purposes only.

Authum Investment and Infrastructure Limited has seen a significant increase in the stake held by Mentor Capital Limited and Alpana Dangi, strengthening their position as major shareholders. The transaction, which took place on August 14, 2025, involved the acquisition of an additional 46,61,309 shares through open market purchases.

Stake Increase Details

The combined shareholding of Mentor Capital and Alpana Dangi in Authum Investment has risen from 71.54% to 74.28% of the company's total voting rights, representing an increase of 2.74%.

Shareholding Breakdown

Before the transaction:

Shareholder Shares Held Percentage
Total holding 12,14,99,996 71.54%

After the acquisition:

Shareholder Shares Held Percentage
Alpana Dangi 11,09,09,060 65.30%
Mentor Capital Limited 59,29,627 3.49%
Total holding 11,68,38,687 68.79%
Encumbered shares - 6.24%
Combined total - 74.28%

Transaction Specifics

  • Date of acquisition: August 14, 2025
  • Mode of acquisition: Open market purchase
  • Cost of acquisition: 2.74% of the total voting capital

Company Information

Authum Investment's equity share capital remains unchanged at Rs. 16,98,45,100, divided into 169,845,100 shares of Re. 1 each. The company's shares are listed on both the BSE Limited and the National Stock Exchange of India Limited.

Regulatory Compliance

This acquisition has been reported in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated August 16, 2025, provides transparency regarding the change in shareholding structure of the company.

The move by Mentor Capital and Alpana Dangi to increase their stake in Authum Investment reflects a strategic decision to strengthen their position in the company. As major shareholders, their actions will likely be closely watched by other investors and market analysts.

Authum Investment & Infrastructure: Promoter Sells 2.74% Stake to Institution

1 min read     Updated on 16 Aug 2025, 03:23 PM
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Shriram ShekharScanX News Team
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Overview

Mentor Capital Limited, a promoter of Authum Inv & Infr, has sold approximately 2.74% of its stake in the company to a renowned institution through the secondary market. The promoters have committed not to sell any further stake for the next 12 months. Amit Dangi, Whole Time Director, disclosed this information, emphasizing the company's commitment to transparent communication with stakeholders.

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*this image is generated using AI for illustrative purposes only.

Authum Inv & Infr has announced a significant change in its shareholding pattern. According to a disclosure made to the stock exchanges, Mentor Capital Limited, a promoter of Authum Inv & Infr, has divested approximately 2.74% of its stake in the company.

Key Details of the Transaction

Aspect Details
Seller Mentor Capital Limited (Promoter)
Stake Sold Approximately 2.74%
Buyer A renowned institution (unnamed)
Transaction Method Secondary market

Promoter's Future Commitment

In a notable development, the promoters of Authum Inv & Infr have made a clear statement regarding their future intentions:

  • The promoters have confirmed they do not intend to sell any further stake in Authum Inv & Infr for the next 12 months.
  • This commitment underscores their confidence in the company's prospects and aligns their interests with those of other shareholders.

Official Disclosure

The information was officially disclosed by Amit Dangi, Whole Time Director of Authum Inv & Infr. In the disclosure, Mr. Dangi stated:

"This disclosure is given keeping up with our commitment to transparent communication with all stakeholders."

Market Implications

While the immediate market reaction to this news remains to be seen, the entry of a renowned institution as a shareholder could be viewed positively by the market. Institutional investors often bring additional scrutiny and potentially improved governance practices.

The promoters' commitment to retain their remaining stake for at least a year might also provide stability to the stock price and reassure other investors about the company's direction.

Investors and market watchers will likely keep a close eye on any further developments or disclosures from Authum Inv & Infr in the coming days.

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