Authum Investment & Infrastructure has entered into a Share Purchase Agreement on January 28, 2025 (Agreement) with inter alia Fornido Developers, Aayushman Nuwal and Welspun Michigan Engineers (WMEL), for acquisition of 34,802 equity shares of WMEL representing 2.01% of equity share capital.
Upon completion of acquisition, the Company’s total stake in WMEL will increase from 10.95% to 12.96%. The transaction is expected to be completed on or before January 31, 2025 unless extended mutually amongst the parties.
Authum Investment & Infrastructure is a registered NBFC 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.
| Company Name | CMP |
|---|---|
| Bajaj Finserv | 1773.00 |
| TVS Holdings | 14197.40 |
| RattanIndia Ent | 34.32 |
| Altius Telecom Infra | 160.00 |
| Authum Inv. & Infra | 487.80 |
| View more.. | |
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