Authum Investment & Infrastructure Limited (BSE:539177) acquired 41.01% stake in Michigan Engineers Pvt. Ltd. from Patel Engineering Limited (BSE:531120) for INR 701 million on May 25, 2023. Yashojit Mitra, Heena Chheda and Devyani Singh of Economic Laws Practice acted as due diligence provider to Authum Investment & Infrastructure Limited (BSE:539177). Abhijit Joshi, Kanisha Vora and Natasha Sethna of Veritas Legal acted as legal advisor to Michigan Engineers Pvt. Ltd.

Authum Investment & Infrastructure Limited (BSE:539177) completed the acquisition of 41.01% stake in Michigan Engineers Pvt. Ltd. from Patel Engineering Limited (BSE:531120) on May 25, 2023.