Authum board to weigh non-convertible preference share issuance

Authum Investment & Infrastructure Limited announced on October 13, 2025, that its board of directors will convene on Thursday, October 16, 2025. The primary agenda item for this meeting is to consider and potentially approve a proposal for the issuance of non-convertible redeemable preference shares (NCRPS) through a private placement. Any decision regarding this issuance will be contingent upon receiving subsequent shareholder approval.

Additionally, the board will address any other matters brought forward with the chairman's permission. The announcement was issued by Dipyanti Jaiswar, company secretary, from Mumbai.