Authum Powers Ahead: VIL Acquisition Signals Strategic Growth

Authum Investment & Infrastructure Limited has come out as the successful resolution applicant to take over VIL, yet another step in its strategic growth. The acquisition is consistent with Authum's track record of acquiring distressed assets and making them profitable, as seen in its earlier acquisitions of Reliance Commercial Finance Limited and Reliance Housing Finance Limited.

 

Key Points:

The acquisition reflects Authum's intent to deliver value through strategic acquisition and operational effectiveness.

 

Sources: Marketscreener, Business Standard, Authum Corporate Presentation