MoneyWorks4Me

Authum Investment completes sale of 36.05% stake in Michigan Engineers

22 Aug 2023 Evaluate

Authum Investment & Infrastructure has completed sale of 36.05% equity shares of Michigan Engineers (MEPL) to Welspun Enterprises (the purchaser). Pursuant to the above, MEPL ceases to be an associate company of Authum Investment & Infrastructure. Consideration received from such sale/disposal is Rs 98.63 crore. 

Authum Investment & Infrastructure is carrying on the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.


Peers
Company Name CMP
Bajaj Finserv 1737.00
TVS Holdings 11500.70
Cholamandalam Fin. 1359.55
Altius Telecom Infra 172.00
Kama Holdings 2274.10
View more..