Authum Investment & Infrastructure Ltd. has announced that its Board of Directors approved an increase in authorized share capital from ₹100 Crore to ₹128 Crore. The board also recommended a bonus issue of shares in the ratio of 4:1. The decisions are subject to shareholder approval via postal ballot. The record date for the bonus issue will be announced separately.
Authorized Share Capital Increase
The Board has approved increasing the authorized share capital from ₹100,00,00,000 (Rupees One Hundred Crores Only) divided into 58,00,00,000 Equity Shares of Re. 1/- each and 4,20,00,000 Preference Shares of Rs. 10/- each, to ₹128,00,00,00,000 (Rupees One Hundred and Twenty-Eight Crores Only) divided into 86,00,00,00,000 Equity Shares of Re. 1/- each and 4,20,00,000 Preference Shares of Rs. 10/- each. This is subject to shareholder approval.
Bonus Share Issuance
The Board recommended a bonus share issuance in the ratio of 4:1, meaning 4 new fully paid-up Equity Shares of Re. 1/- each for every 1 existing fully paid-up Equity Share of Re. 1/- each. This is subject to shareholder approval via postal ballot. The record date for determining eligible shareholders will be announced separately.
Postal Ballot
The draft notice of the Postal Ballot has been approved to seek shareholder approval for increasing the Authorized Share Capital, amending the Memorandum of Association, and approving the bonus share issuance.
The Postal Ballot will be circulated on or before Monday, December 01, 2025. The e-voting period will begin on Tuesday, December 02, 2025 at 09:00 A.M. (IST) and end on Wednesday, December 31, 2025 at 05:00 P.M. (IST).
Details of Bonus Issue
The bonus issue consists of Equity Shares with a face value of Re. 1/- each. The total number of equity shares proposed to be issued is 67,93,80,400. The bonus shares will be issued out of free reserves and/or the securities premium account/ or the capital redemption reserve account, as available on September 30, 2025.
Pre-bonus issue, the Equity-Issued, Subscribed and Paid-up capital was 16,98,45,100 equity shares of Re. 1/- each. Post-bonus issue, the Equity-Issued, Subscribed and Paid-up capital will be 84,92,25,500 equity shares of Re. 1/- each.
The free reserves and/or share premium required for implementing the bonus issue is ₹84,92,25,500/-. The aggregate amount of ₹8880.02 Crores as on September 30, 2025, consisting of free reserves and/or share premium and/or Capital Redemption Reserve, is available. The bonus shares are estimated to be credited by January 26, 2026, subject to regulatory approvals.
Source: BSE