Authum Investment To Buy Share In Kerala Ayurveda, Katra Phytochem

Authum Investment & Infrastructure Ltd. on Friday said it will acquire a combined stake of nearly ₹1.17 billion in two healthcare-focused companies — Kerala Ayurveda Ltd. and Katra Phytochem (India) Pvt. Ltd.

The company will buy 1.8 million shares, or nearly 15% stake, in Kerala Ayurveda from Katra Holdings Ltd. at ₹558.65 per share, valuing the deal at around ₹1.01 billion. Kerala Ayurveda, an 80-year-old company headquartered in Kochi, makes and sells ayurvedic medicines. It posted a turnover of ₹1.22 billion in 2024-25, up from ₹1.03 billion in 2023-24.

Authum will also purchase 2.7 million shares of Katra Phytochem, a nutraceutical manufacturer based in Bengaluru, for ₹171.50 per share, totalling ₹463 million. The company said the transaction is expected to be completed within three months. Katra Phytochem, incorporated in 1996, makes products like carotenoids and reported a turnover of ₹1.38 billion in 2024-25 and ₹1.35 billion in 2023-24.