- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Authum Investment & Infrastructure has announced a board meeting to consider the financial results for the quarter and half-year. The company is acquiring an 88.37% stake in India SME Asset Reconstruction Company through equity infusion of Rs. 193.18 Cr and share purchase worth Rs. 119.32 Cr, making ISARC its subsidiary. This strategic move expands Authum’s presence into asset reconstruction, focusing on MSME NPAs and distressed assets, aiming to build a diversified credit business platform leveraging its capital and expertise.
All announcements from Authum Investment & Infrastructure Limited