Aurum Proptech has scheduled a meeting of its Board of Directors for Thursday, July 16, 2026, to consider a proposal for raising capital. The board will evaluate the issuance of equity shares or other eligible securities through permissible modes, including private placement, qualified institutions placement, or preferential issue. The fundraising initiative is subject to required regulatory and statutory approvals as well as shareholder consent.

The company disclosed this information in a filing submitted to the stock exchanges on July 13, 2026. The notification was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

To facilitate the fundraising proposal, the Board will also consider convening an Extraordinary General Meeting or conducting a postal ballot. This process is intended to secure the approval of the shareholders regarding the capital raise and any necessary amendments to the company's constitutional documents.

The proposed fundraising will involve the issuance of securities through a combination of methods as permitted under applicable laws. The specific quantum of funds and the final pricing details were not disclosed in the regulatory filing.

The meeting agenda highlights the company's intent to leverage various capital-raising instruments to bolster its financial resources. The outcome of the board meeting and the subsequent shareholder approval process will determine the final structure and timing of the issue.

Aurum PropTech Limited shareholders have approved the re-appointment of Ajit Joshi and the appointment of two new Independent Directors, Ashim Desai and Lakshmi Kumar, through a remote e-voting process. The resolutions were passed with the requisite majority on Wednesday, June 17, 2026, ensuring the continuity of the company's board leadership and governance structure for the upcoming term.

The postal ballot notice, dated May 15, 2026, sought approval for four key resolutions. The voting process, conducted via the electronic voting system provided by National Securities Depository Limited (NSDL), commenced on May 18, 2026, and concluded on June 17, 2026. Ainesh Jethwa of Ainesh Jethwa & Associates was appointed as the Scrutinizer to oversee the fairness and transparency of the e-voting process.

Voting Results Overview

The scrutinizer's report confirmed that all four resolutions were duly passed. The first three items, concerning the appointment of Independent Directors, were passed as Special Resolutions, while the fourth item regarding related party transactions was passed as an Ordinary Resolution. Promoters and the promoter group voted entirely in favour of the director appointments, while public shareholders showed significant support with minor opposition.

Resolution Details

Key Appointments and Transactions

Mr. Ajit Joshi (DIN: 08108620) has been re-appointed as an Independent Director. Shareholders also approved the appointment of Mr. Ashim Ashitbaran Desai (DIN: 06739440) and Mrs. Lakshmi Nagajyothi Potluri Ashok Kumar (DIN: 07382768) as Non-Executive Independent Directors. Furthermore, the company received approval for its Material Related Party Transactions for the F.Y 2026-27. A total of 87,750 votes were declared invalid for the final resolution as they were cast by interested parties.