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Aurum PropTech LimitedQIP/Rights/Pref., 23-07-2025: Preferential issue

23-07-2025 | 03:17 pm

Aurum PropTech's Board approved issuing 42,42,537 new equity shares to REA India Pte Limited. This strategic all-stock deal, valued at INR 86.45 crore, will fully acquire PropTiger Marketing Services India Private Limited. The acquisition aims to deepen Aurum's proptech ecosystem. PropTiger's turnover for FY24 was INR 100.93 Cr. Shareholder approval for this preferential issue will be sought at an Extraordinary General Meeting on August 21, 2025. This move expands Aurum's market footprint.

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