Authum Investment Soars to Record High on Revised ISARC Acquisition Terms May 14, 2025
Authum Investment & Infrastructure Ltd's shares reached an all-time high of ₹2,135.95 following the announcement of revised terms for its acquisition of India SME Asset Reconstruction Company Limited (ISARC). The new agreement increases Authum's stake to 88.37% of ISARC's voting rights, with a total investment of ₹312.50 crore. The acquisition is set to be completed by July 31, 2025, with all necessary regulatory approvals already secured.
Authum Investment & Infra Posts Impressive Q4 Results with Substantial Profit and Revenue Growth May 12, 2025
Authum Investment & Infrastructure to Acquire Vas Infrastructure for ₹860.4 Crore in Resolution Plan Apr 03, 2025
Authum Investment & Infrastructure to Acquire Vas Infrastructure for ₹86.04 Crore Apr 02, 2025
Authum Investment Secures RBI Approval for Majority Stake Acquisition in ISARC Mar 28, 2025
More news about Authum Inv & Infr
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.