Aurum PropTech Limited — Others, 31-07-2025: Shareholders meeting

Aurum PropTech has announced an Extra-Ordinary General Meeting for shareholders to approve the acquisition of 100% stake in PropTiger Marketing Services Private Limited. This strategic move, valued at INR 86.45 Cr, will be funded by issuing over 42 lakh new shares to REA India Pte Limited, aiming to deepen the company's proptech ecosystem. Additionally, shareholders will vote on varying the utilization of unspent funds from a prior rights issue, allowing investment in new entities like NestAway PropTech MENA LLC and others, boosting flexibility for future growth initiatives.