Aurum PropTech Limited — Board Meeting, 24-07-2025: Outcome of Board Meeting
24-07-2025 | 08:08 pm
24-07-2025 | 08:08 pm
Aurum PropTech's Board has approved the acquisition of 100% equity in PropTiger Marketing Services via an all-stock deal valued at 86.45 Cr. This strategic move aims to deepen the proptech ecosystem. To fund this, the company will issue 42.42 lakh new equity shares to REA India Pte. Ltd. The Board also cleared the consolidated financial results for Q1, reporting a revenue of 58.40 Cr and a loss after tax of 10.02 Cr. An EGM is set for August 21, 2025, to seek shareholder approval for the share issuance.
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