ALPHA TRIBE

Aurum PropTech LimitedOthers, 20-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

20-01-2025 | 08:59 pm

Aurum PropTech Limited has confirmed that for the quarter ending December 31, 2024, there are no deviations in the utilization of proceeds from its Rights Issue, which raised ₹203.11 crore. The funds were allocated to various projects, including product development and marketing, with specific expenditures reported. Despite certain expenditures for the marketing team and vendor payments, the overall use aligns with the original objectives outlined in the Rights Issue documentation. This clarity may enhance investor confidence by indicating disciplined financial management, fostering a positive outlook amid continued strategic growth initiatives.

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