Announced Sat, 27 Jun · 17:37 IST

Authum incorporates wholly owned subsidiary WindCrest Realty

Strategic Transactions View source PDF

AIIL · price

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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹515.50
prior close
₹514.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.1+0.1+2.4+2.0+0.0+1.2+1.7+1.3-2.8+6.6
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AI summary

Authum Investment & Infrastructure has incorporated a wholly owned subsidiary, WindCrest Realty Private Limited, in Mumbai on June 26, 2026. The new entity will operate in the real estate sector, covering construction, property development, leasing, and related activities. It has an authorized share capital of Rs 10 lakh and paid-up capital of Rs 5 lakh, fully funded by Authum via cash. No regulatory approvals were needed. Turnover not applicable as newly formed.

Likely market impact

New real estate arm signals diversification into property and construction. Initial capital outlay is small at Rs 5 lakh, so limited immediate financial impact.