M/s. Authum Investment & Infrastructure Ltd was incorporated in 1982, and is listed on Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited. M/s Authum Investment & Infrastructure Ltd is a registered NBFC carrying on the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.

Authum has acquired Reliance Commercial Finance Limited as certain Lenders of the Company (Banks and other Financial Institutions) have entered into an Inter-Creditor Agreement (ICA) for arriving at the debt resolution plan in accordance with the circular dated June 7, 2019 issued by the Reserve Bank of India on Prudential Framework for Resolution of Stressed Assets. Lenders have selected Authum Investment and Infrastructure Limited as the successful Bidder to acquire the Company and / or all its assets through a competitive bidding process after several rounds of negotiations between the bidders and the Lenders. The implementation of the resolution plan by the successful bidder is subject to approval of non-ICA Lenders, shareholders, regulatory authorities. Honorable Supreme Court of India by the order dated August 30, 2022 has approved the Resolution Plan and Company along with its Lenders and successful Resolution Applicant is executing the Resolution Plan.

Pursuant to the above, Reliance Commercial Finance Limited is a Wholly Owned Subsidiary of Authum.

Weblink of of Reliance Commercial Finance Limited is https://www.reliancemoney.co.in/