Authum Investment Completes Acquisition of BIC Cello
Filing Summary
Authum Investment & Infrastructure Ltd has completed the acquisition of 100% shares of BIC Cello (India) Private Limited. The transaction was finalized on November 22, 2025, as per the agreement. Authum purchased a total of 4,14,87,608 equity shares from existing shareholders, securing full voting rights in BIC Cello. This update follows the initial announcement made on October 28, 2025. The acquisition aligns with Authum’s strategic business objectives.
Authum Investment & Infrastructure Ltd has announced the completion of its acquisition of 100% shares of BIC Cello (India) Private Limited. The transaction was finalized on November 22, 2025, in accordance with the agreement terms.
As part of the acquisition, Authum purchased a total of 4,14,87,608 equity shares from the existing shareholders of BIC Cello. This purchase grants Authum full voting rights in BIC Cello, effectively making it a wholly-owned subsidiary.
This update follows the initial announcement made by Authum on October 28, 2025, regarding the proposed acquisition. The company has adhered to the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Authum Investment & Infrastructure Ltd focuses on strategic investments and infrastructure development. The company’s business priorities include expanding its investment portfolio and enhancing shareholder value through strategic acquisitions and partnerships.