Authum Investment & Infrastructure has allotted 40,00,000 Non-Cumulative Non-Convertible Redeemable Preference Shares (‘NCRPS’) with a face value of ₹10 each, at an issue price of ₹1,000 per share. This allotment aggregates to ₹400 Crores. The NCRPS were allotted to Mentor Capital Limited, a Promoter of the Company, on a private placement basis.
Preference Share Allotment
Authum Investment & Infrastructure Ltd. announced on December 6, 2025, the allotment of Non-Cumulative Non-Convertible Redeemable Preference Shares (‘NCRPS’). The Fund Raising Committee of the Board approved the allotment during its meeting held on December 6, 2025.
Details of the Allotment
The company has allotted a total of 40,00,000 (0.01%) NCRPS. The face value of each share is ₹10, with an issue price of ₹1,000 per share, inclusive of a premium of ₹990 per share. The total amount raised through this allotment is ₹400 Crores (Rupees Four Hundred Crores).
Allottee
The NCRPS have been allotted to Mentor Capital Limited, acting as Promoter of the Company, through a private placement.
Source: BSE