Authum Investment & Infrastructure Ltd’s board approved a bonus share issue in the ratio of 4:1 on November 28, 2025. This means shareholders will receive four fully paid-up shares for every one share held as of the record date.
Key Highlights:
- New shares to be issued: 67.94 crore equity shares of ₹1 each.
- Post-issue paid-up capital: Will rise to 84.92 crore shares from 16.98 crore shares.
- Funding: Bonus shares will be issued through capitalisation of free reserves, securities premium, and/or capital redemption reserve. Authum has ₹8,880.02 crore in reserves and premium, while the bonus issue will require ₹84.92 crore.
- Expected credit date: On or before January 26, 2026.
Additional Approvals:
- Increase in authorised share capital: From ₹100 crore to ₹128 crore.
- Shareholder approval: To be sought via postal ballot; e-voting runs from December 2 to December 31, 2025.
Market Reaction:
- Authum Investment shares closed at ₹2,710.85, down 1.14% (-₹31.30) on the day of the announcement.
The bonus share issue aims to enhance liquidity and reward existing shareholders, while the increase in authorised capital prepares the company for future growth initiatives.