Authum Investment & Infrastructure Limited — Important, 11-07-2025: Agreements

Authum Investment & Infrastructure has announced a board meeting to approve a strategic equity transaction involving Katra Phytochem (India) Pvt Ltd (KPPL), Katra Holdings Ltd (KHL), Katra Holding Pvt Ltd (KHPL), and Mr. Ramesh Vangal. The deal settles outstanding obligations via equity: acquiring 14.96% stake in Kerala Ayurveda Ltd (turnover ₹122.15 Cr) by purchasing 18 lakh shares at ₹558.65 each, and gaining 60.95% control in KPPL (turnover ₹138.28 Cr) through share transfers and issuance at ₹171.50 per share. KPPL will become a subsidiary, enhancing operational efficiency and reducing debt.