Authum Investment & Infrastructure has received an approval for allotment of 30,00,000 Compulsorily Convertible Debentures (CCDs) of face value Rs 1,000 each aggregating to Rs 300 crores to Mentor Capital. The Allotment Committee of the company at its meeting held on January 3, 2020 considered and approved the same.
Authum Investment & Infrastructure was established with the object to engage in business of an investor in real estate and to act as builders, promoters and developers of land, building, building sites, townships and building complexes and deal in infrastructure facility and to undertake and execute building complexes, road, dam, factories, godown, flats, blocks etc.
