Aurum PropTech Limited has allotted 51,00,000 fully convertible warrants to its promoter, Aurum RealEstate Developers Limited, at an issue price of ₹231.42 per warrant. The allotment, executed via a circular resolution on October 13, 2026, represents a preferential issue on a private placement basis with an aggregate value of ₹118.02 crore.

The transaction follows approvals from the Board of Directors on July 16, 2026, and shareholders on August 14, 2026, alongside in-principle clearances from BSE and NSE in late September 2026. Each warrant is convertible into one fully paid-up equity share with a face value of ₹5, carrying a premium of ₹226.42.

Payment Structure and Tenure

The payment terms require the subscriber to pay 25% of the warrant price upfront, amounting to ₹29.50 crore, which was received on the date of allotment. The remaining 75% is payable upon exercise of the warrants. The holder may exercise these warrants in one or more tranches within 18 months from the date of allotment.

If the warrants are not converted within this period, they will lapse, and the subscription amount paid will be forfeited. The equity shares issued upon conversion will rank pari passu with existing shares and are subject to lock-in requirements under SEBI (ICDR) Regulations, 2018.

Shareholding Impact

The allotment increases the promoter group's stake in the company. On a fully diluted basis, assuming full conversion of all warrants, Aurum RealEstate Developers Limited's holding rises from 38.22% to 40.56%.

What the Numbers Show

The data highlights a concentrated capital infusion strategy where the promoter assumes significant financial commitment. With only one investor participating in this preferential issue, the entire ₹118.02 crore potential capital raise rests solely with Aurum RealEstate Developers Limited. The immediate cash inflow of ₹29.50 crore represents exactly one-fourth of the total deal value, aligning strictly with the 25% upfront payment clause, while the remaining liability for the company depends entirely on the promoter's decision to exercise the warrants within the 18-month window.

Aurum PropTech Limited saw a significant shift in its shareholding pattern as REA India Pte Limited acquired an additional 18.94% equity stake through a share swap transaction completed on September 29, 2026.

The acquisition involved the subscription of 1,97,93,309 equity shares with a face value of ₹5 each. This move was executed via preferential allotment for consideration other than cash, specifically through the swap of shares. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pre and post-acquisition holdings

Prior to this transaction, REA India held 5.55% of Aurum’s paid-up equity capital, amounting to 42,42,537 shares. Following the acquisition, the acquirer’s total holding rose to 24.49%, representing 2,40,35,846 shares. REA India is not part of the promoter or promoter group.

Capital structure impact

The share swap resulted in an increase in Aurum’s paid-up equity share capital. Before the acquisition, the capital stood at ₹38,21,11,560 divided into 7,64,22,312 equity shares. Post-acquisition, the paid-up capital increased to ₹48,10,78,105, comprising 9,62,15,621 equity shares.

On a fully diluted basis, the total share capital after the acquisition stands at ₹49,06,94,125, divided into 9,81,38,825 equity shares. The transaction date for the allotment of shares was recorded as September 29, 2026.