Aurum PropTech has successfully completed the sale of Buildings Q5 and Q6 situated at MIDC, MBP-1, Plot Nos. P-136 & 136/1, TTC Industrial Area, Mahape, Navi Mumbai for a total consideration of ₹112 Crores. The transaction, finalized on May 21, 2026, was executed at approximately 15% above independent valuation. The company has utilized the proceeds to become completely debt-free, marking a significant milestone in its financial restructuring.

Strategic Debt Clearance

The proceeds from the sale have been deployed towards the full prepayment of the Lease Rental Discounting (LRD) facility. Consequently, Aurum PropTech has transitioned to a debt-free status, effective immediately. This strategic move significantly strengthens the company's balance sheet and enhances its financial position to support the next phase of growth.

Focus on AI-Native PropTech Ecosystem

With its debt obligations resolved, the company is channeling its resources into building India's first AI-native PropTech ecosystem. The residual proceeds are being deployed into an AI investment pool to fund advanced intelligent infrastructure across the real estate value chain. This includes AI agents for tenant acquisition, predictive analytics for buyers and developers, and automated end-to-end leasing workflows.

The company is leveraging artificial intelligence across its three core segments: Rental, Distribution, and Capital. By integrating AI into platforms such as NestAway, Helloworld, PropTiger, Sell.do, and Aurum Analytica, Aurum PropTech aims to redefine how India buys, rents, and manages real estate.

Aurum PropTech Limited has submitted its Monitoring Agency Report for the quarter ended March 31, 2026, issued by CARE Ratings Limited under SEBI Regulation 32(6) and SEBI ICDR Regulations 82(2). The report provides comprehensive details on the utilization of proceeds from the company's rights issue.

Rights Issue Proceeds Overview

The company's rights issue, originally valued at Rs.343.56 crores, has generated net proceeds of Rs.337.47 crores after accounting for issue expenses of Rs.4.10 crores. The monitoring report reveals that Rs.1.60 crores remains pending from shareholders as of March 31, 2026.

The rights issue comprised 4,29,44,533 equity shares at Rs.80 per share, with a structured payment mechanism including initial subscription, first call, and final call periods spanning from April 2022 to April 2025.

Fund Utilization Progress

CARE Ratings Limited reported that Rs.299.90 crores has been utilized across various objects as of March 31, 2026, leaving Rs.37.57 crores unutilized. The utilization pattern shows strategic deployment across revised objects approved through shareholder resolutions.

During Q4FY26, the company utilized Rs.18.96 crores across objects, with significant deployment in identified investments (Rs.17.76 crores) and product development activities (Rs.0.55 crores).

Compliance and Fund Deployment

The monitoring agency noted that the company has addressed previous compliance issues. In Q3FY26, a deviation was reported as Aurum PropTech had invested unutilized proceeds in mutual funds, which violated SEBI ICDR regulations requiring temporary parking only with scheduled commercial banks. The company rectified this by January 23, 2026, moving all funds to fixed deposits with Axis Bank.

The surplus of Rs.3.39 crores (Rs.40.96 crores parked versus Rs.37.57 crores unutilized) represents returns from temporary investments, capital gains, and interest income from arrear call payments.

Shareholder Approvals and Timeline Revisions

The company obtained multiple shareholder approvals through special resolutions to modify objects and timelines. Key approvals include addition of entities like Bondsbrain Technologies Private Limited, NestAway PropTech MENA LLC, and PropTiger Marketing Services Private Limited under identified investments.

CARE Ratings confirmed that while original timelines from the Letter of Offer have been exceeded, the company has obtained necessary board resolutions dated January 18, 2024, and January 20, 2025, to reschedule deployment to fiscal years 2025-26 and 2026-27.

The monitoring agency report indicates no current deviations from approved objects, with the company maintaining compliance with SEBI regulations for rights issue proceeds utilization.