Authum Investment & Infrastructure has announced the incorporation of a wholly-owned subsidiary, Authum Foundation, on December 5, 2025. The foundation will focus on carrying out corporate social responsibility (CSR) activities. The authorized share capital is ₹10,00,000, with a paid-up share capital of ₹1,00,000. This move underscores Authum’s commitment to social service initiatives as part of its business operations.
Authum Establishes Foundation
Authum Investment & Infrastructure has formed a new wholly-owned subsidiary named Authum Foundation. This entity will function under Section 8 of the Companies Act, 2013, aiming to enhance the company’s engagement in social service.
Key Details of the New Subsidiary
Authum Foundation was officially incorporated on December 5, 2025. The foundation’s authorized share capital is ₹10,00,000 (Rupees Ten Lakhs Only), and the paid-up share capital is ₹1,00,000 (Rupees One Lakhs Only). This investment demonstrates Authum’s dedication to structured corporate social responsibility.
Purpose and Scope
The primary objective of Authum Foundation is to conduct Corporate Social Responsibility (CSR) activities, aligned with the Companies Act, 2013. The foundation will engage in social activities as permitted by its charter, integral to Authum’s broader objectives.
Source: BSE