TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Authum Investment & Infrastucture Ltd ( (IN:AIIL) ).
Authum Investment & Infrastructure Limited’s Board of Directors has approved a significant increase in the company’s authorized share capital and the issuance of bonus shares. The share capital will rise from Rs. 100 crores to Rs. 128 crores, and shareholders will receive four new equity shares for each share they currently hold, pending necessary approvals. This move is aimed at enhancing shareholder value and expanding the company’s capital base, potentially strengthening its market position.
More about Authum Investment & Infrastucture Ltd
Average Trading Volume: 30,548
Technical Sentiment Signal: Buy
Current Market Cap: 456.1B INR
For detailed information about AIIL stock, go to TipRanks’ Stock Analysis page.