Authum Investment & Infrastructure Ltd. has completed the acquisition of 100% shares of BIC Cello (India) Private Limited. The company purchased a total of 4,14,87,608 equity shares from the existing shareholders, making BIC Cello a wholly-owned subsidiary. This acquisition was finalized on November 22, 2025.
BIC Cello Acquisition Completed
Authum Investment & Infrastructure Ltd. announced today, November 22, 2025, the successful completion of the acquisition of 100% of BIC Cello (India) Private Limited. This follows an earlier announcement on October 28, 2025, regarding the proposed acquisition.
Details of the Transaction
The company has purchased a total of 4,14,87,608 equity shares from the existing shareholders of BIC Cello. As a result, Authum Investment now holds 100% of the voting rights in BIC Cello.
Source: BSE
