FilingReader Intelligence
Authum acquires majority stake in KPPL, 15% of KAL
July 11, 2025 at 02:39 PM UTC•By FilingReader AI
Authum Investment & Infrastructure Limited acquired 18 million equity shares of Kerala Ayurveda Limited for INR 558.65 per share, representing 14.96% of paid-up capital.
The company also acquired 27 million existing shares and subscribed to 115 million new shares of Katra Phytochem (India) Private Limited at INR 171.50 per share, securing 60.95% ownership and making KPPL a subsidiary.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:AIIL•Bombay Stock Exchange
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