Authum Investment & Infrastructure Ltd. has allotted 30,00,000 Non-Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) at ₹1,000 per share, totaling ₹300 Crores. An additional 1,80,00,000 NCRPS have also been allotted, amounting to ₹1,800 crores. This follows a Fund Raising Committee meeting held on December 09, 2025.
NCRPS Allotment Details
Authum Investment & Infrastructure Ltd. announced the allotment of Non-Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) on December 09, 2025. The Fund Raising Committee of the Board approved the allotment during a meeting held on the same day.
Initial Allotment
The initial allotment comprised 30,00,000 NCRPS with a face value of ₹10 each. These shares were issued at a price of ₹1,000 per share (including a premium of ₹990 per share), resulting in a total value of ₹300 Crores (Rupees Three Hundred Crores).
Subsequent Allotment
Following the initial transactions, an additional 1,80,00,000 NCRPS have been allotted, bringing the total value to ₹1,800 crores (Rupees One Thousand Eight Hundred Crores).
Beneficiary
The allotted NCRPS have been allocated to Mentor Capital Limited, acting as the Promoter of the Company, through a private placement.
Source: BSE
