Authum, Mahi Kela acquires 46.85% stake in Prataap Snacks for Rs 846 cr

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Authum, Mahi Kela acquires 46.85% stake in Prataap Snacks for Rs 846 cr - Business Standard

Quick Summary:

More recently, in August 2021, Sebi had disposed of a show-cause notice issued to Sanjay and a few others without imposing any penalty, as the regulator couldn’t find enough material on record to establish guilt.

As per its website, Authum Investment is engaged in investment in shares and financing activities.

The Mumbai-based firm shot into the limelight in 2021 when it emerged as the top bidder for Anil Ambani's Reliance Commercial Finance, the housing arm of Anil Ambani’s beleaguered Reliance Capital.