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Authum Investment & Infrastucture Ltd ( (IN:AIIL) ) has issued an announcement.
Authum Investment & Infrastructure Limited has been selected as the successful resolution applicant for the acquisition of Vas Infrastructure Limited, a company in the real estate sector undergoing a Corporate Insolvency Resolution Process. This acquisition allows Authum to invest in the real estate sector, leveraging the value and lease rentals from Vas Infrastructure’s assets, subject to approval from the National Company Law Tribunal and other relevant authorities.
More about Authum Investment & Infrastucture Ltd
Authum Investment & Infrastructure Limited operates in the investment and infrastructure sector, focusing on acquiring and managing assets to enhance value. The company is involved in strategic investments and infrastructure development, aiming to capitalize on opportunities within these markets.
YTD Price Performance: -5.90%
Average Trading Volume: 9,120
For an in-depth examination of AIIL stock, go to TipRanks’ Stock Analysis page.