Aurum Proptech Capital Structure Change
REA India Pte Ltd acquired 1,97,93,309 equity shares (18.94%) in Aurum PropTech Limited via preferential allotment. This share swap increases their total holding to 24.49%.
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REA India Pte Ltd acquired 1,97,93,309 equity shares (18.94%) in Aurum PropTech Limited via preferential allotment. This share swap increases their total holding to 24.49%.
Aurum PropTech Limited allotted 1.98 crore equity shares to REA India Pte. Limited on a preferential basis for ₹458.06 Crore to acquire Locon Solutions Private Limited.
Aurum PropTech provided additional disclosures for its previously approved preferential issues, including updated shareholding patterns and the utilization of the ₹118.02 crore proceeds.
Aurum PropTech submitted a monitoring agency report from CARE Ratings. The report tracks the utilization of ₹343.56 Crore proceeds from a Rights Issue.
Aurum PropTech approved a Rs 118.02 Crore preferential warrant issue to its promoter. Each warrant is priced at Rs 231.42 with an 18-month conversion tenure.
Aurum PropTech approved a Rs.458.06 Crore preferential issue to REA India Pte Limited. REA India will hold a 24.90% stake following the equity allotment.