Aurum PropTech Limited — Others, 15-05-2025: Monitoring Agency Report

Aurum PropTech Limited’s monitoring agency, CARE Ratings, confirmed no deviation in the use of Rs. 343.56 Cr raised via the rights issue. The company has received Rs. 203.08 Cr against called-up amounts and fully utilized these funds for product development (Rs. 4.17 Cr), marketing (Rs. 0.82 Cr), targeted investments (Rs. 82.03 Cr), and inorganic growth/general corporate purposes (Rs. 116.73 Cr). Deployment timelines have been extended to FY26 and FY27 to align with evolving business needs. The company remains in a net loss position but continues prudent fund management.