Authum Investment issues preference shares to promoter Mentor Capital
Authum Investment & Infrastructure Ltd. has allotted 2,500,000 0.01% Non-Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) with a face value of INR 10 each. The allotment, made on December 17, 2025, was approved by the company's Fund Raising Committee.
The NCRPS were issued at an issue price of INR 1,000 per share, which includes a premium of INR 990 per share, totaling INR 250 crores. These shares were allotted to Mentor Capital Limited, identified as a promoter of the company, on a private placement basis.
This issuance is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Dipyanti Jaiswar, the company's secretary and compliance officer.
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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