StockWatch
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Non Banking Financial Company (NBFC)
Subsidiary27 Jun 2026, 05:40 pm

Authum Investment Incorporates Wholly Owned Subsidiary WindCrest Realty

AI Summary

Authum Investment & Infrastructure Ltd has announced the incorporation of its wholly-owned subsidiary, WindCrest Realty Private Limited, on June 26, 2026. The new entity, with an authorized share capital of ₹10,00,000 and paid-up capital of ₹5,00,000, will focus on real estate activities, including contracting, developing, and managing properties. The initial cash contribution is ₹5,00,000. This move signifies Authum's strategic expansion into the real estate sector.

Key Highlights

  • Authum Investment incorporates new wholly-owned subsidiary, WindCrest Realty.
  • Subsidiary to focus on real estate development and contracting.
  • Initial paid-up capital of ₹5,00,000 with ₹5,00,000 cash contribution.
  • Incorporation marks strategic expansion into the real estate sector.