Authum Investment issues ₹900 crore preference shares to promoter
Authum Investment & Infrastructure Limited announced on December 8, 2025, the allotment of 90,00,000 0.01% non-cumulative non-convertible redeemable preference shares (NCRPS). These shares, with a face value of ₹10 each, were issued at a price of ₹1,000 per share, which includes a premium of ₹990 per share.
The total value of this private placement aggregates to ₹900 crores. The NCRPS have been allotted to Mentor Capital Limited, identified as a promoter of Authum Investment & Infrastructure Limited. This transaction follows an earlier intimation dated December 6, 2025, and was approved by the fund raising committee of the board.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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