Mentor Capital Limited has filed a mandatory disclosure regarding the acquisition of shares in Authum Investment & Infrastructure Limited. The acquisition, executed via the Open Market on March 11, 2026, increased the combined holding of Mentor Capital and its Person Acting in Concert, Alpana Dangi. Their total shareholding in the target company now stands at 68.81% of the total voting capital following the transaction.
Mandatory Regulatory Disclosure Filed
Mentor Capital Limited submitted its required disclosure to the stock exchanges concerning a substantial acquisition of shares in Authum Investment & Infrastructure Limited (the Target Company). This filing was made under the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, dated March 12, 2026.
Details of Parties Involved
The primary acquirer is Mentor Capital Limited. The filing also includes the holdings of its Person Acting in Concert (PAC), identified as Mrs. Alpana Dangi. The acquirer group confirmed that they belong to the promoter/promoter group of the target company. The shares are listed on both the BSE Limited and the National Stock Exchange of India Limited.
Pre-Acquisition Shareholding Snapshot
Before the current transaction under consideration, the aggregate holding of the acquirer and PACs was substantial. The total shares carrying voting rights held stood at 58,43,09,546, representing 68.80% of the total capital. Specifically, Mrs. Alpana Dangi held 65.30% and Mentor Capital Limited held 3.50%.
Details of Recent Acquisition
The acquisition involved the purchase of 54,162 equity shares carrying voting rights. This transaction was executed through the Open Market mechanism. The date of acquisition was recorded as March 11, 2026.
This acquisition resulted in a marginal increase in the combined stake, bringing the total acquired stake to 0.01% of the total capital.
Post-Acquisition Shareholding Position
Following the acquisition, the total combined holding of Mentor Capital Limited and Mrs. Alpana Dangi increased slightly:
- Mrs. Alpana Dangi’s holding is now 55,45,45,300 shares, maintaining a holding of 65.30%.
- Mentor Capital Limited’s holding increased marginally to 2,98,18,408 shares, representing 3.51%.
- The Total (a+b+c+d) combined holding is now 58,43,63,708 shares, corresponding to 68.81% of the total voting rights.
Capital Structure Consistency
The equity share capital/total voting capital of Authum Investment & Infrastructure Limited remained constant both before and after the said acquisition at Rs. 84,92,25,500/-, divided into shares of Re. 1 each. Consequently, the total diluted share/voting capital also remained unchanged at the same level.
Source: BSE
