Authum Investment & Infrastructure Limited — Board Meeting, 14-07-2025: Outcome of Board Meeting
14-07-2025 | 07:49 pm
14-07-2025 | 07:49 pm
Authum Investment & Infrastructure's board meeting concluded with key updates. The company approved its consolidated financial results for the quarter ended June 30, 2025, reporting a profit of Rs 943 Cr on total income of Rs 1,224 Cr. A significant boost came from Rs 492 Cr in operating income due to a loan settlement. Strategically, Authum acquired an 88.37% stake in India SME Asset Reconstruction Co. Ltd. (ISARC), making it a subsidiary. Additionally, Mr. Amit Dangi was designated Chairman, and Ms. Dipyanti Jaiswar appointed as the new Company Secretary.
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