Aurum PropTech Limited — Board Meeting, 23-07-2025: Outcome of Board Meeting
23-07-2025 | 03:07 pm
23-07-2025 | 03:07 pm
Aurum PropTech's board has approved its consolidated financial results for the quarter ended June 30, 2025. A major strategic decision includes acquiring 100% of PropTiger Marketing Services India for INR 86.45 crore. This all-stock deal aims to deepen the company's proptech ecosystem, with PropTiger bringing a turnover of INR 100.93 Cr (FY24). To finance the acquisition, Aurum will issue 42,42,537 new equity shares on a preferential basis to REA India Pte Limited. An Extraordinary General Meeting has announced on August 21, 2025, to seek shareholder approval for this share issuance.
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