NewsAuthum Investment & Infrastructure Limited Emerges as Successful Resolution Applicant for A A Estates Private LimitedAuthum Investment & Infrastructure Limited Emerges as Successful Resolution Applicant for A A Estates Private Limited
Authum Investment & Infrastructure Limited has been selected as the successful resolution applicant for A A Estates Private Limited, a Mumbai-based real estate company undergoing insolvency proceedings since December 2022. The acquisition involves Rs. 36 crore in cash consideration for a 90% stake in AAEPL, which holds development rights across multiple Mumbai real estate projects. The transaction is subject to National Company Law Tribunal approval, with completion expected within 30 days of regulatory clearance.
*this image is generated using AI for illustrative purposes only.
Authum Investment & Infrastructure Limited has emerged as the successful resolution applicant for A A Estates Private Limited (AAEPL), marking a significant expansion into Mumbai's real estate sector. The company received and accepted a letter of intent on January 29, 2026, following its submission of a resolution plan for the acquisition.
Transaction Overview
The acquisition details demonstrate Authum Investment's strategic entry into the real estate market through this corporate insolvency resolution process:
| Parameter: | Details |
|---|---|
| Target Company: | A A Estates Private Limited |
| Consideration: | Rs. 36,00,00,000 (Cash) |
| Shareholding Acquired: | 90% |
| Industry: | Real Estate |
| Completion Timeline: | 30 days from NCLT approval |
Target Company Profile
A A Estates Private Limited operates in the real estate sector with significant assets in Mumbai's property market. The company was incorporated on July 17, 1996, under the Companies Act, 1956, and specializes in real estate activities with development rights across numerous projects in Mumbai.
Financial and Operational Status
AAEPL has been undergoing Corporate Insolvency Resolution Process since December 06, 2022, following an order from the National Company Law Tribunal, Mumbai Bench. Key operational metrics include:
- Incorporation Date: July 17, 1996
- CIRP Commencement: December 06, 2022
- Turnover (FY 2019-2020): NIL
- Primary Assets: Development rights in Mumbai real estate projects
Strategic Rationale
Authum Investment has positioned this acquisition as an investment opportunity in the real estate sector, enabling the company to capitalize on underlying asset values and generate revenue through monetization strategies. The transaction represents a diversification move outside the company's main line of business, targeting Mumbai's valuable real estate development rights.
Regulatory Framework
The acquisition requires approval from the National Company Law Tribunal, Mumbai Bench, and potentially other courts or tribunals under applicable laws. The transaction is structured as a non-related party acquisition, with no promoter or group company interests in the target entity.
Next Steps
The completion of this acquisition depends on regulatory approvals, with an indicative timeline of 30 days from the date of NCLT approval. The letter of intent issued by the Resolution Professional on January 27, 2026, provides the framework for proceeding with the transaction, subject to the terms and conditions specified in the document.
Historical Stock Returns for Authum Inv & Infr
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.65% | +1.28% | +5.26% | +24.21% | -14.03% | +200.56% |
19
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
