Authum Investment & Infrastructure Ltd

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please be informed that the Company has executed a Share Purchase Agreement dated 27/07/2023 with inter alia Welspun Enterprises Limited to sell 36.05% of its Equity stake out of 47%in its Associate Company M/s. Michigan Engineers Private Limited (MEPL) subject to necessary approvals as per the agreement.Hence MEPL shall cease to be associate of the company on completion of the transaction.