Announced Mon, 29 Jun · 16:25 IST
Shareholders approve Memorandum of Association amendment
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AIIL · price
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Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹518.20
prior close
₹521.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.1-0.4-0.7-0.5+0.7+1.2+0.7-0.4-2.3+8.8———
Up moveDown movePending
AI summary
Authum Investment & Infrastructure shareholders passed a special resolution via postal ballot on June 27, 2026 to amend the Memorandum of Association. New sub-clauses 3-8 were added under Main Objects and sub-clauses 9-55 inserted under ancillary objects. The NBFC confirmed its core business of financing, investment and allied activities remains unchanged. Changes aim to align objects with current operations and RBI regulations.
Likely market impact
Routine governance update, no change to core NBFC business. Provides flexibility to expand into new financial services.