Authum Inv & Infr
2,740.80
-67.30(-2.40%)
Market Cap₹47,694.20 Cr
PE Ratio11.67
Company Performance:
1D-2.40%
1M+0.78%
6M+60.52%
1Y+165.67%
5Y+195.92%
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More news about Authum Inv & Infr
02Apr 25
Authum Investment & Infrastructure to Acquire Vas Infrastructure for ₹86.04 Crore
Authum Investment & Infrastructure Limited (AIIL) has been selected as the resolution applicant for Vas Infrastructure Limited (VIL), accepting a Letter of Intent for the acquisition. The total resolution plan is valued at ₹86.04 crore, with AIIL proposing to acquire 94.99% of VIL's total share capital. VIL, currently under Corporate Insolvency Resolution Process, specializes in redevelopment of old buildings in Mumbai suburbs. The acquisition is subject to regulatory approvals, including from the National Company Law Tribunal. AIIL expects to implement the Resolution Plan within 60 days of receiving approvals.
28Mar 25
Authum Investment Secures RBI Approval for Majority Stake Acquisition in ISARC
Authum Investment and Infrastructure Ltd (AIIL) has received RBI approval to acquire a 79.28% stake in India SME Asset Reconstruction Co. Ltd (ISARC) for ₹260 crore. The deal involves a ₹170 crore primary investment and secondary share purchases. This acquisition marks Authum's entry into distressed asset management and will increase ISARC's net worth to ₹300 crore. RBI has approved Authum as a sponsor and the appointment of two Authum-nominated directors to ISARC's board. Upon completion, ISARC will become a subsidiary of Authum.
24Mar 25
Authum Investment & Infrastructure Set to Acquire Carnival Techno Park
Authum Investment & Infrastructure Ltd. has received a Letter of Intent (LOI) for the acquisition of Carnival Techno Park, signaling a potential expansion of its real estate portfolio. The acquisition, if completed, could diversify Authum's holdings, position it in the tech-oriented commercial space market, and impact its future operations and financial standing. The LOI marks the initial stage of the acquisition process, with further steps including due diligence, negotiations, and possible financing arrangements still to come.
21Mar 25
Authum Investment & Infrastructure Set to Acquire Carnival Techno Park in Strategic Real Estate Move
Authum Investment & Infrastructure Limited (AIIL) is set to acquire Carnival Techno Park Private Limited (CTPPL) for approximately Rs. 115 crore, expanding its real estate portfolio. CTPPL owns an IT Park in Thiruvananthapuram with 4.81 lakh square feet of leasable area. The deal is pending regulatory approval. Additionally, AIIL has declared interim dividends of 7% for preference shareholders and 100% for equity shareholders, with promoters waiving their dividend rights.
26Feb 25
Authum Investment Acquires 42.33% Stake in Prataap Snacks for ₹764.55 Crore
Authum Investment & Infrastructure Limited has acquired a 42.33% stake in Prataap Snacks Limited for approximately ₹764.55 crore. The transaction, completed on February 25, 2025, involved purchasing 1,02,48,709 equity shares through open market offers and a share purchase agreement. Prataap Snacks will now become an associate company of Authum Investment. The acquisition received approval from the Competition Commission of India on December 31, 2024.
Authum Inv & Infr
2,740.80
-67.30
(-2.40%)
1 Year Returns:+165.67%
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