Aurum Proptech Ltd

Aurum PropTech Limited announced that shareholders approved a preferential issue of equity shares and warrants at an Extraordinary General Meeting held on Friday, August 14, 2026, via video conferencing. The meeting, chaired by Mr. Ashish Deora, also approved loans, investments, guarantees or securities exceeding prescribed limits under the Companies Act, 2013, the acquisition of 100% stake in Locon Solutions Private Limited, and an alteration of the company’s Articles of Association. Additionally, shareholders approved a preferential issue of fully convertible warrants to Aurum RealEstate Developers Limited, a promoter of Aurum PropTech Limited.

Aurum PropTech Limited will convene a board meeting on August 14, 2026, to consider and approve updated audited financial results for the quarter and financial year ended March 31, 2026, reflecting the merger of wholly owned subsidiaries Aurum Softwares and Solutions Private Limited with Liv Real Solutions Private Limited, which became effective on June 12, 2026, with April 01, 2025 as the Appointed Date.

A corrigendum has been issued to a prior notice regarding a preferential allotment of shares and warrants, updating several key details for shareholders. The allotment to REA India Pte Limited now includes disclosure of ultimate beneficial owner Mr. Ashish Deora and a link to the valuation report, with corresponding updates to the shareholding pattern. Regarding warrants issued to Aurum RealEstate Developers Limited, the document provides a detailed breakdown of fund usage, including investments in subsidiaries and confirmation of regulatory compliance, alongside interim deployment plans for unutilized funds and a valuation report link. General clarifications were also added to explain pre-shareholding and issued capital distinctions. The extensive revisions underscore a commitment to transparency and regulatory adherence.

A Monitoring Agency report has highlighted significant delays in the utilization of funds raised by a company, prompting scrutiny of its financial management and business planning. The report, referencing SEBI ICDR Regulations, revealed that the company is behind schedule on key objectives including product development, marketing, and general corporate purposes, resulting in Rs 33.73 crore remaining unutilized and held in fixed deposits with Axis Bank. Repeated revisions to deployment timelines, approved through Board Resolutions, are a key concern, suggesting potential issues with initial planning or evolving business strategies. While the company attributes delays to operational changes, the report recommends investors carefully review these resolutions and calls for greater transparency from the company regarding the rationale behind the revised timelines and the lack of deployment for initially planned general corporate purposes.

Aurum Proptech has allotted 29,000 equity shares of Rs. 5/- each pursuant to the exercise of stock options by eligible employees under the Employees' Stock Option Plan 2021 on 20 July 2026.

Net profit of Aurum Proptech reported to Rs 45.57 crore in the quarter ended June 2026 as against net loss of Rs 9.43 crore during the previous quarter ended June 2025. Sales rose 70.90% to Rs 111.84 crore in the quarter ended June 2026 as against Rs 65.44 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales111.8465.44 71 OPM %26.2217.39 - PBDT29.5813.11 126 PBT1.30-10.81 LP NP45.57-9.43 LP Powered by Capital Market - Live

Aurum Proptech announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 August 2026.

Aurum PropTech (Aurum) and REA Group today announced a strategic transaction under which Housing.com (Housing) will join the Aurum PropTech ecosystem. The combination brings together Housing, India's leading real estate marketplace, and Aurum, the largest tech-enabled PropTech ecosystem, into one integrated platform, spanning property discovery, transactions, financing, rentals and management across the real estate life cycle. Aurum PropTech has entered into a binding Share Acquisition Agreement to acquire 100% of Housing.com in an all-equity transaction, through the issuance of 1,97,93,309 equity shares (representing approximately 20.5% of the enlarged share capital). Following the transaction, REA India's total shareholding in Aurum PropTech will increase to 24.9%.

The acquisition will be funded through the preferential allotment of 1.98 crore equity shares of the company at Rs 231.42 per share to REA India. This would increase REA India's shareholding in Aurum PropTech to 24.9% from 5.53% as on 31 March 2026. The proposed acquisition is aimed at integrating Housing.com's property marketplace with Aurum's PropTech ecosystem. This would create a unified AI- and data-driven real estate platform spanning property discovery, developer inventory, brokerage, rentals and transaction services. The transaction is expected to be completed by 30 September 30, 2026, subject to regulatory, statutory and shareholder approvals. Separately, the company's board has approved the issuance of 51 lakh fully convertible warrants to promoter Aurum RealEstate Developers at Rs 231.42 per warrant, aggregating up to Rs 118.02 crore, to strengthen the company's capital base. The board has also approved amendments to the articles of association (AoA) of the company to incorporate tag-along rights as part of the proposed transaction. The provision will enable REA India to participate proportionately in specified promoter share sales. Aurum PropTech aims to bring transparency, trust and digital transformation in the real estate sector through its Integrated PropTech Ecosystem. Powered by Capital Market - Live

Aurum Proptech will hold a meeting of the Board of Directors of the Company on 20 July 2026.