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About Authum Investment & Infrastructure
Authum Investment & Infrastructure Limited, a Public Limited Company was incorporated in India on July 17th, 1982 promoted by Mrs. Alpana Dang. The company is a registered NBFC engaged in the business of making investments in financial instruments like acquisition of shares & securities, real estate and financing of loans. The Company has its registered office in Mumbai, known as India's finance capital.
The company had encashed a large part of its proprietary portfolio to acquire two businesses related to mortgage finance. However, pursuant to Rights Issue of the Company, the promoter holding changed from 86,15,906 Equity Shares i.e. 74.74% to 1,10,90,906 Equity Shares i.e. 68.72% of paid up equity share capital of the Company. The Company had bide for acquisition of assets of Reliance Home Finance Limited (RHFL) and acquisition of Reliance Commercial Finance Limited (RCFL).
The Company had on 19th June, 2021 and 15 July, 2021 received letter of intent (LOI) from the Lead Bank i.e. Bank of Baroda on behalf of the Lenders of Inter Creditor Agreement (ICA) under Reserve Bank of India Directions, 2019 dated June 7, 2019 (RBI Directions) for the said acquisition of assets of RHFL and acquisition of RCFL. Both the LOI's are subject to approval by Non ICA Lenders, RBI and other regulatory and statutory requirements / approval.
Parent Organisation
Indian Private
Managing Director
Amit Dangi
Founded
1982
NSE Symbol
AIIL
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10th July, 2024
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10th July, 2024
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Authum Investment Infrastructure Ltd FAQs
What is the share price of Authum Investment Infrastructure Ltd (AIIL) shares?
Authum Investment Infrastructure Ltd (AIIL) share price as of October 22, 2024, on NSE is Rs 1646.4 (NSE) and Rs 1646.4 (BSE) on BSE.
Can I buy Authum Investment Infrastructure Ltd (AIIL) from Angel One?
Yes, You can buy Authum Investment Infrastructure Ltd (AIIL) shares by opening a Demat account with Angel One.
How do I buy Authum Investment Infrastructure Ltd (AIIL) from Angel One?
Authum Investment Infrastructure Ltd (AIIL) share can be bought through the following modes:
1. Direct investment: You can buy Authum Investment Infrastructure Ltd (AIIL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Authum Investment Infrastructure Ltd (AIIL) shares.
1. Direct investment: You can buy Authum Investment Infrastructure Ltd (AIIL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Authum Investment Infrastructure Ltd (AIIL) shares.
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