Authum Investment & Infrastructure Limited is set to invest ₹101.62 crore in its subsidiary, India SME Asset Reconstruction Company Limited (ISARC), by subscribing to its rights issue. This move involves AIIL acquiring an additional 40,650,000 equity shares. The company has already paid 25% of the issue price, amounting to ₹2.50 per share, as application money on August 18, 2026, to bolster ISARC’s capital for general business operations.
Authum Investment Boosts Subsidiary Capital Through Rights Issue
Authum Investment & Infrastructure Limited (“AIIL”) has announced its decision to make a further investment in its subsidiary, India SME Asset Reconstruction Company Limited (ISARC), by subscribing to equity shares offered through a Rights Issue. This strategic move aims to infuse additional capital into ISARC for its general business operations.
Key Investment Details
Under the terms of the Rights Issue, AIIL has agreed to subscribe to 40,650,000 equity shares offered by ISARC. The company has already remitted an application money of ₹101,62,50,000 (Rupees One Hundred and One Crore Sixty-Two Lakhs and Fifty Thousand) on August 18, 2026. This payment represents 25% of the issue price of ₹10 per equity share, with the amount paid per share being ₹2.50.
ISARC’s Current Standing
Currently, Authum Investment & Infrastructure Limited holds 20,325,000 equity shares in ISARC, representing 88.37% of the subsidiary’s total issued and paid-up share capital. The Rights Issue offers AIIL the opportunity to acquire additional shares in a ratio of 2 (Two) Equity Shares for every 1 (One) Equity Share held.
Future Payments and Disclosure
Authum Investment & Infrastructure Limited will make subsequent payments for the shares post-receipt of call letters from ISARC. The company will update the stock exchanges accordingly. This disclosure is made in compliance with applicable SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
ISARC Profile
India SME Asset Reconstruction Company Limited (ISARC) is an asset reconstruction company registered with the Reserve Bank of India (RBI) under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. As of March 31, 2026, ISARC reported a Net Worth of ₹353.29 Crores and a Turnover of ₹17.42 Crores. The company is primarily engaged in the business of securitization and asset reconstruction.
Source: BSE
