Authum Investment & Infrastructure gets NCLT approval to acquire Creatoz Builders

What Authum Investment & Infrastructure announced

Authum Investment & Infrastructure Ltd (BSE: 539177) filed an update on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR). The company informed the stock exchanges that the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has granted approval for the resolution plan submitted by Authum to acquire Creatoz Builders Private Limited (CBPL). The order was made publicly available on the Insolvency and Bankruptcy Board of India (IBBI) portal on 16 July 2026.

NCLT approval and procedural background

The approval follows Authum’s earlier announcement dated 10 October 2024, where it disclosed its intention to acquire CBPL, a real‑estate firm that was undergoing a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The NCLT’s sanction of the resolution plan is a statutory requirement for completing a transaction involving a distressed entity. With the order in place, Authum can proceed to take over CBPL’s assets and liabilities as outlined in the approved plan.

About Creatoz Builders Private Limited

Creatoz Builders Private Limited is incorporated under the Companies Act, 1956 and operates in the real‑estate sector. The company’s business involves development, construction, and sale of residential and commercial projects. Prior to the acquisition, CBPL was under the CIRP, indicating financial distress and the need for a structured resolution. Authum’s acquisition is positioned as an investment in the underlying real‑estate assets, with the expectation of generating revenue through future monetisation.

Key facts at a glance

Why this matters for investors

The NCLT approval removes a key regulatory hurdle, allowing Authum to move forward with the acquisition. For shareholders, the deal expands the company’s asset base into the real‑estate sector, potentially diversifying revenue streams. However, because the filing does not disclose the purchase price, the extent of dilution or cash outflow remains unclear. Investors should monitor subsequent disclosures for details on financing, integration plans, and any further approvals that may be required under the IBC framework.

Conclusion

Authum Investment & Infrastructure has secured the necessary NCLT sanction to acquire Creatoz Builders Private Limited, a real‑estate entity emerging from insolvency proceedings. While the approval clears a major procedural barrier, the financial specifics of the transaction have not been disclosed, and further updates are expected as the acquisition progresses.