Announced Mon, 29 Jun · 16:21 IST

Postal ballot result: MOA amendment approved with 99.99% support

Board & Shareholder Meetings View source PDF

AIIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹518.20
prior close
₹521.90
base price
After-mkt
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-0.3-0.1-0.4-0.7-0.5+0.7+1.2+0.7-0.4-2.3+8.8
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AI summary

Authum Investment & Infrastructure received shareholder approval via postal ballot (ended June 27, 2026) to amend its MOA. Of 73.25 crore shares polled (84.92 crore total), 99.99% voted in favor (7.32 crore shares) and just 295 against. The amendment broadens the company's scope to include NBFC, investment, portfolio management, asset reconstruction, mutual fund, AIF sponsorship, and infrastructure financing businesses.

Likely market impact

Major scope expansion into NBFC, investment, and asset management. Near-unanimous shareholder approval reflects strong confidence. Watch for new business launches.