Authum Investment & Infrastructure Limited — Important, 28-07-2025: General Updates
28-07-2025 | 03:11 pm
28-07-2025 | 03:11 pm
Authum's promoter, Mentor Capital, sold ~3.41% stake for ₹1,290 Cr to leading Foreign Institutional Investors (FIIs) and a domestic mutual fund, indicating strong institutional confidence in Authum's long-term potential. Crucially, Mentor Capital infused the entire ₹1,290 Cr back into Authum as a low-interest debt instrument, convertible later to long-term debt or preference shares. This strategic capital infusion significantly boosts liquidity, acting as a growth catalyst. It empowers Authum to expand core business activities, including investments, and strengthen its credit and ARC platform, aiming for enhanced profitability and competitiveness amidst new opportunities.
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