100% Equity & 7% Preference Dividend: Record Date Nears; What’s Next For Shareholders?

One Indian non-banking financing firm (NBFC) that deploys capital throughout the capital structure in debt, equity, and structured products is Authum Investment & Infrastructure Limited (AIIL). Following the Board of Directors' announcement of an interim dividend of 7% for preference shareholders and 100% for equity shareholders for FY25, for which a record date has been set, Authum Investment & Infrastructure's shares ended Friday's trading session on the NSE 2.97% lower at Rs 1,550 per share, with a market capitalization of Rs 26.33KCr.

Authum Investment & Infrastructure Dividend For Preference Shareholders

"The Board had declared an Interim dividend of 7% of face value Rs. 10/- each fully paid up preference shares for the Financial Year 2024-25, subject to deduction of tax at source, if any, to be paid to those preference shareholders whose names appear in the Register of Members of the Company as on Thursday, March 27, 2025 being the Record Date, for the purpose of payment of the said dividend. The interim dividend payout will be made to eligible preference shareholders on or before Saturday, April 19, 2025," said the company in a stock exchange filing on Friday.

Authum Investment & Infrastructure Dividend For Equity Shareholders

"The Board had declared an Interim dividend of 100% of face value Rs. 1/- each fully paid up equity shares for the Financial Year 2024-25, subject to deduction of tax at source, if any, to be paid to those equity shareholders whose names appear in the Register of Members of the Company as on Thursday, March 27, 2025 being the Record Date, for the purpose of payment of the said dividend. The interim dividend payout will be made to eligible equity shareholders on or before Saturday, April 19, 2025," confirmed Authum Investment & Infrastructure in a regulatory filing.

"Further, the Board took note that Promoter shareholders comprising of 74.95% shares of the Company are waiving their Interim Dividend on equity shares held by them," the company informed stock exchanges yesterday.

Authum Investment & Infrastructure News

"We wish to inform you that the Company has emerged as the Selected Resolution Applicant and/or Successful Resolution Applicant, in relation to acquisition of Carnival Techno Park Private Limited ('CTPPL'), pursuant to the Resolution Plan submitted by the Company. In this connection, the Resolution Professional has issued a letter of intent (LOI') dated March 18, 2025 in favour of the Company and the same has been accepted by the Company today," said Authum Investment & Infrastructure in a stock exchange filing on Friday.

As an investment in the real estate industry, this acquisition enables the company to benefit from both the total value and the lease rents produced by the underlying properties. About Rs. 115 crore is the total value of the resolution plan, which includes Rs. 25 crore up front on the implementation date and the remaining amount due to the creditors in a structured way.

Authum Investment & Infrastructure Share Price Target

"Authum Investment stock price is bearish on the Daily charts with strong resistance at 1648. A Daily close below support of 1550 could lead to a target of 1404 in the near term," commented A R Ramachandran, Independent Research Analyst.

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