AUTHUM INVESTMENT & INFRASTRUCTURE LTD.
NSE : AIILBSE : 539177ISIN
CODE : INE206F01022Industry : Finance - InvestmentHouse
: Private
BSE831.903.45 (+0.42 % )
PREV CLOSE (Rs.) 828.45
OPEN PRICE (Rs.) 847.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 2657
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE830.40 4.5 (+0.54 % )
PREV CLOSE(Rs.) 825.90
OPEN PRICE (Rs.) 844.60
BID PRICE (QTY) 830.40 (16 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3538
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 22-Feb-2024 | Authum Investment acquires 100% stake in Authum Real Estate | <p style="text-align: justify;">Authum Investment & Infrastructure has acquired 100% equity shares of Authum Real Estate (AREPL). Accordingly, AREPL becomes the Wholly Owned Subsidiary Company of Authum Investment and Infrastructure. This acquisition forms part of strategic financial investment. The cost of acquisition is Rs 10 lakh i.e. at face value of equity shares.</p><p style="text-align: justify;">Authum Investment & Infrastructure is a registered NBFC carrying on the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.</p> |
| 22-Feb-2024 | Authum Investment inches up on acquiring 100% stake in Authum Real Estate | <p style="text-align: justify;">Authum Investment & Infrastructure is currently trading at Rs. 899.65, up by 4.00 points or 0.45% from its previous closing of Rs. 895.65 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 894.00 and has touched a high and low of Rs. 909.95 and Rs. 881.00 respectively. So far 454 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1009.90 on 02-Jan-2024 and a 52 week low of Rs. 154.50 on 23-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 939.00 and Rs. 781.00 respectively. The current market cap of the company is Rs. 15212.18 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 74.53%, while Institutions and Non-Institutions held 7.19% and 18.28% respectively.</p><p style="text-align: justify;">Authum Investment & Infrastructure has acquired 100% equity shares of Authum Real Estate (AREPL). Accordingly, AREPL becomes the Wholly Owned Subsidiary Company of Authum Investment and Infrastructure. This acquisition forms part of strategic financial investment. The cost of acquisition is Rs 10 lakh i.e. at face value of equity shares.</p><p style="text-align: justify;">Authum Investment & Infrastructure is a registered NBFC carrying on the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.</p><div style="text-align: justify;"><br></div> |
| 07-Feb-2024 | Authum Investment & Infrastructure informs about outcome of meeting of securities allotment and redemption committee | <div style="text-align: justify;">In terms of the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Authum Investment & Infrastructure has informed that the Securities Allotment and Redemption Committee of the Company at its meeting held on 7th February, 2024 have considered and approved redemption of 1,84,62,000 7% Non-Cumulative Non-Convertible Redeemable Preference Shares of face value Rs 10 (earlier issued at Rs 50 each including a premium of Rs 40 each) at a price of Rs 65 each including a premium of Rs 55 each aggregating Rs 120,00,30,000. Details of redemption of 7% Non-Cumulative Non-Convertible Redeemable Preference Shares is provided in Annexure A.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 13-Jan-2024 | Authum Investment incorporates wholly-owned subsidiary | <p style="text-align: justify;">Authum Investment & Infrastructure has incorporated wholly-owned subsidiary (WOS) company in the name of ‘Authum Asset Management Company' on January 11, 2024. WOS will carry on the business of Manager, advisers, administrators, consultants, etc. of or for any mutual funds, Alternate Investment Fund, unit trusts, venture capital funds, investment trust or any other portfolio of securities, properties or assets of any kind, including any pension, provident fund or superannuation fund set up, formed or established in India or in any other country by the Company or by any other person, or by government, state, local, authority, association, institute (whether incorporated or not) or any other agency or organisation and further, to carry on the business of providing portfolio management services, management and advisory services to off shore funds, pension funds, provident funds, venture capital funds, management of issuance funds, financial consultancy and exchange of research.</p><p style="text-align: justify;">Authum Investment & Infrastructure is a registered NBFC carrying on the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.</p><div style="text-align: justify;"><br></div> |
| 24-Nov-2023 | Authum Investment & Infrastructure informs about newspaper publication | <div style="text-align: justify;">Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Authum Investment & Infrastructure has enclosed newspaper publication with respect to Postal Ballot notice, published in Business Standard & Mumbai Lakshadeep on November 24, 2023, in their respective print as well as electronic editions. The extract of newspaper publication is also uploaded on the Company's website at www.authum.com.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 20-Oct-2023 | Authum Investment & Infrastructure informs about outcome of board meeting | <div>Authum Investment & Infrastructure has informed that the Board of Directors of the Company at its meeting held on 20th October, 2023 have considered and approved Unaudited Financial Statements (Standalone and Consolidated) of the Company for the quarter and half year ended 30th September, 2023 along with the Limited Review Report thereon. The Board Meeting commenced at 10:35 am and concluded at 11:57 am.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 22-Aug-2023 | Authum Investment completes sale of 36.05% stake in Michigan Engineers | <p style="text-align: justify;">Authum Investment & Infrastructure has completed sale of 36.05% equity shares of Michigan Engineers (MEPL) to Welspun Enterprises (the purchaser). Pursuant to the above, MEPL ceases to be an associate company of Authum Investment & Infrastructure. Consideration received from such sale/disposal is Rs 98.63 crore. </p><p style="text-align: justify;">Authum Investment & Infrastructure is carrying on the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.</p><div style="text-align: justify;"><br></div> |
| 22-Aug-2023 | Authum Investment gains on completing sale of 36.05% stake in Michigan Engineers | <p style="text-align: justify;">Authum Investment is currently trading at Rs. 468.85, up by 0.70 points or 0.15% from its previous closing of Rs. 468.15 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 474.95 and has touched a high and low of Rs. 474.95 and Rs. 461.15 respectively. So far 751 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 580.00 on 08-Aug-2023 and a 52 week low of Rs. 145.00 on 22-Aug-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 498.00 and Rs. 450.30 respectively. The current market cap of the company is Rs. 7965.74 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 71.47%, while Institutions and Non-Institutions held 7.14% and 21.39% respectively.</p><p style="text-align: justify;">Authum Investment & Infrastructure has completed sale of 36.05% equity shares of Michigan Engineers (MEPL) to Welspun Enterprises (the purchaser). Pursuant to the above, MEPL ceases to be an associate company of Authum Investment & Infrastructure. Consideration received from such sale/disposal is Rs 98.63 crore. </p><p style="text-align: justify;">Authum Investment & Infrastructure is carrying on the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.</p> |
| 05-Aug-2023 | Authum Investment & Infrastructure informs about newspaper advertisement | <p style="text-align: justify;">In terms of Regulation 47 to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), as amended from time to time, Authum Investment & Infrastructure has informed that it enclosed the newspaper advertisement for the Unaudited Financial Results of the Company for the quarter ended 30th June 2023, published in the newspapers: Business Standard (English), in All Editions and Mumbai Lakshadeep (Marathi) in Mumbai Edition both dated on 05/08/2023. </p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 28-Jul-2023 | Authum Investment & Infrastructure to sell 36.05% stake in M/s Michigan Engineers | <p style="text-align: justify;">Authum Investment & Infrastructure has executed a Share Purchase Agreement (SPA) on July 27, 2023, with inter alia Welspun Enterprises (the purchaser), to sell 36.05% of its equity stake from out of 47% in its Associate Company M/s Michigan Engineers (MEPL) subject to necessary approvals as per the agreement. Hence, MEPL shall cease to be associate of the company on completion of the transaction. </p><p style="text-align: justify;">The transaction is expected to be completed within 4 weeks, subject to completion of conditions precedent as detailed in the SPA. The consideration received from such sale will be Rs 98.63 crore (to be received on completion of the transaction). </p><p style="text-align: justify;">Authum Investment & Infrastructure is carrying on the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.</p> |
