Authum Shares Crash Nearly 9% After ED Enquiry Disclosure; Stock Hits Lower Circuit

Mumbai, July 25, 2025 – Shares of Authum Investment & Infrastructure Ltd (NSE: AIIL, BSE: 539177) plunged 8.69% to ₹2,564.10 in early trade on Friday after the company revealed that its premises were subject to an enquiry by the Enforcement Directorate (ED). The stock hit its lower circuit limit of ₹2,246.50 amid intense sell-side pressure. This sharp decline comes merely two days after the stock hit its 52-week high of ₹2,896 on July 23, 2025-marking a steep drop of over ₹594 from its recent peak.

Stock Performance as on July 25, 2025

As of 10:28 AM IST on July 25, shares of Authum Investment & Infrastructure Ltd were trading at ₹2,564.10, down ₹244 or 8.69% for the day. The stock opened at ₹2,770.10, hit a high of ₹2,779.80, and touched a low of ₹2,266.00 during early trade.

The Volume Weighted Average Price (VWAP) stood at ₹2,316.74. Over 6.49 lakh shares changed hands, with a total traded value of ₹150.27 crore. The stock’s 52-week high of ₹2,896.00 was hit just two days ago on July 23, 2025, while the 52-week low of ₹984.85 was recorded on July 24, 2024. The company’s total market capitalisation is ₹39,089.85 crore, with a free float market cap of ₹9,764.44 crore.

ED Enquiry Disclosure

In an exchange filing dated July 25, 2025, Authum informed the stock exchanges that an enquiry was conducted by ED officials at its premises on July 24, 2025, under Regulation 30 of SEBI (LODR) Regulations, 2015. The company clarified that the enquiry pertains strictly to Reliance Commercial Finance Ltd (RCFL) and Reliance Home Finance Ltd (RHFL), and not to Authum’s own business.

“Authum has already submitted all relevant documentation to the authorities and will continue to respond to any additional queries in a transparent and timely manner,” the company stated.

It further affirmed that the development has no bearing on its ongoing operations, financial performance, or strategic direction.

NSE Flags High Volatility

The National Stock Exchange noted that the stock had seen close-to-close price movement greater than 50% in the past 3 months and over 100% in the past 365 days, triggering a cautionary marker on the scrip.

REF:https://www.nseindia.com/get-quotes/equity?symbol=AIIL

https://nsearchives.nseindia.com/corporate/Authum123_25072025052205_reg3025072025.pdf

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