ALPHA TRIBE

Aurum PropTech LimitedOthers, 07-05-2025: Shareholders meeting

07-05-2025 | 06:59 pm

Aurum PropTech Limited has announced a postal ballot to raise up to ₹600 Cr through equity shares, convertible securities, or non-convertible debentures via QIP, preferential issue, or public offer. The proposed QIP of up to ₹300 Cr aims to support growth, invest in subsidiaries, repay debt, and manage working capital. The rights issue objectives have been updated to include investments in specified companies and loan repayments. Approval is also sought to appoint Mr. Ashish Deora as a Non-Executive, Non-Independent Director and to sanction related-party loans between the company and its subsidiaries. Voting will be electronic.

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