Authum Investment & Infrastructure Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding amendments to its Memorandum of Association (MOA).

The disclosure confirms that shareholders approved amendments to the MOA via special resolution passed through postal ballot on June 27, 2026, which was the last date of e-voting. The results were declared on June 29, 2026. This action follows a postal ballot notice dated May 26, 2026, which was submitted to the exchanges on May 28, 2026.

The Board of Directors had initially approved these amendments at its meeting held on May 26, 2026. The specific amendments include:

  • Insertion of new sub-clauses 3 to 8 under Clause III(A) relating to Main Objects of the Company
  • Insertion of a new set of sub-clauses 9 to 55 under Clause III(B)
  • Deletion of existing subclauses 4, 7, 8, 21 and 29 to 55 of Clause III(B)
  • Renumbering of existing subclauses 3 to 28 to 58 to 79 under Clause III(B)

The company emphasized that there are no changes to the principal/main objects of the Company. The amendments were proposed to align the objects clause with the existing business operations and activities of the Company.

The disclosure specifically states: "The Company is presently engaged in the business of a Non-Banking Financial Company (NBFC) not accepting public deposits and shall continue to remain so after the proposed alteration of the Object Clause of the Memorandum of Association. The amendments does not amount to any change in the primary or core object/business activity of the Company and existing principal business of financing, investment and allied financial activities remains unchanged."

The purpose of the amendments is to:

  • Align the Memorandum of Association with present and prospective business activities permissible for NBFCs under applicable laws and RBI regulations
  • Provide operational flexibility for carrying on various financial service activities incidental or ancillary to the existing business
  • Specifically incorporate modern financial products, investment instruments and financial service activities which were either not expressly covered or have evolved over time

The newly inserted clauses cover financial services, advisory services, securitisation, portfolio management, infrastructure financing and allied activities, all connected with the existing NBFC business. The company committed to continue complying with all applicable provisions of the Companies Act, 2013, the Reserve Bank of India Act, 1934, and directions/regulations issued by RBI applicable to NBFCs.

The disclosure confirms that there are no changes to the Articles of Association of the Company.

The document includes historical context showing the company's previous name changes:

  • Originally incorporated on July 17, 1982 as SUBHASH YURIM TEXTILES LTD
  • Name changed to PENTIUM INVESTMENTS AND INFRASTRUCTURES LIMITED on March 13, 2008
  • Name changed to AUTHUM INVESTMENT & INFRASTRUCTURE LIMITED on August 5, 2010

The authorized share capital of the company is ₹128,00,00,000 (Rupees One Hundred Twenty-Eight Crores Only) consisting of 86,00,00,000 (Eighty-Six Crores) Equity Shares of ₹1/- each and 4,20,00,000 (Four Crores Twenty Lakhs) Preference Shares of ₹10/- each.