Aurum PropTech Limited Reports No Deviation in Rights Issue Fund Utilization for Q4 FY26

2 min read     Updated on 24 Apr 2026, 02:46 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Aurum PropTech Limited has confirmed no deviation in the utilization of Rs. 343.56 crore raised through its rights issue for Q4 FY26. The company has utilized Rs. 299.90 crore out of Rs. 339.07 crore allocated across product development, marketing, investments, and corporate purposes. The rights issue was conducted in phases from April 2022 to April 2025, with CARE Ratings Limited serving as the monitoring agency and the audit committee providing no adverse comments on fund utilization.

powered bylight_fuzz_icon
38524566

*this image is generated using AI for illustrative purposes only.

Aurum PropTech Limited has submitted its quarterly compliance statement to stock exchanges, confirming no deviation in the utilization of funds raised through its rights issue for the quarter ended March 31, 2026. The statement was filed pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rights Issue Fund Utilization Overview

The company raised Rs. 343.56 crore net of rights issue expenses through a phased approach spanning multiple years. The rights issue was conducted in three phases: April 26, 2022 to May 10, 2022 for application money, April 01, 2024 to April 15, 2024 for the first call, and April 01, 2025 to April 30, 2025 for the second and final call.

Parameter Details
Total Amount Raised Rs. 343.56 crore (net of expenses)
Report Period Quarter ended March 31, 2026
Monitoring Agency CARE Ratings Limited
Deviation Status Not Applicable
Audit Committee Comments No Comments

Fund Allocation and Utilization Status

The company has allocated the raised funds across four primary objectives, with modifications approved through a special resolution passed on June 07, 2025. The utilization status demonstrates substantial progress across all identified areas.

Objective Original Allocation (Rs. crore) Modified Allocation (Rs. crore) Funds Utilized (Rs. crore)
Product Development 37.50 13.87 8.77
Product Marketing 31.00 10.41 3.21
Identified Investments 156.70 196.12 169.38
Inorganic Growth & GCP 113.87 118.67 118.55
Total 339.07 339.07 299.90

The company maintains an unutilized amount of Rs. 37.57 crore from the called amount, with the statement confirming no deviation or variation in fund utilization for the quarter.

Rights Issue Structure and Implementation

During financial year 2022-23, Aurum PropTech issued 4,29,44,533 equity shares of face value Rs. 5 each on a rights basis. The issue was structured with multiple call payments, with Rs. 20 per share collected on application including a premium of Rs. 18.75 per share.

The first call of Rs. 30 per share was made in March 2024, while the second and final call of Rs. 30 per share was implemented in March 2025. During the year ended March 31, 2026, the company received Rs. 12,771.54 lakhs including premium of Rs. 11,971.19 lakhs against the second and final call money for 4,25,71,789 shares.

Regulatory Compliance and Oversight

The quarterly statement has been duly reviewed by the company's audit committee, with both the audit committee and auditors providing no adverse comments. CARE Ratings Limited continues to serve as the monitoring agency for the rights issue proceeds, ensuring compliance with regulatory requirements and proper fund utilization as per the stated objectives.

Historical Stock Returns for Aurum PropTech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%+5.38%+15.37%+7.15%+1.32%+266.92%

What specific strategic initiatives will Aurum PropTech pursue with the remaining Rs. 37.57 crore in unutilized funds?

How might the significant reallocation from product development to identified investments impact the company's competitive positioning in the PropTech sector?

Will Aurum PropTech consider additional fundraising given the substantial deployment of rights issue proceeds by March 2026?

Aurum PropTech Limited Schedules Board Meeting for April 23, 2026 to Approve Q4FY26 and FY26 Audited Results

1 min read     Updated on 15 Apr 2026, 08:14 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Aurum PropTech Limited has scheduled a board meeting for April 23, 2026, to consider and approve audited financial results for Q4FY26 and FY26. The meeting will be held at the company's registered office and covers both standalone and consolidated results. The announcement was made on April 15, 2026, in compliance with SEBI Regulation 29, with formal notifications sent to BSE Limited and National Stock Exchange of India Limited.

powered bylight_fuzz_icon
37809885

*this image is generated using AI for illustrative purposes only.

Aurum PropTech Limited has announced that its board of directors will convene on April 23, 2026, to review and approve the company's audited financial results for the fourth quarter and full financial year ending March 31, 2026. The meeting will be held at the company's registered office.

Meeting Details and Regulatory Compliance

The board meeting announcement was made in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both stock exchanges on April 15, 2026, ensuring compliance with mandatory disclosure requirements.

Meeting Parameter: Details
Date: April 23, 2026
Day: Thursday
Venue: Registered Office of the Company
Purpose: Audited Financial Results Approval
Reporting Period: Q4FY26 and FY26
Results Type: Standalone & Consolidated

Scope of Financial Results

The board will consider and approve comprehensive audited financial results covering both standalone and consolidated financials. The results will encompass the quarter ending March 31, 2026, as well as the complete financial year FY26 performance.

Stock Exchange Communication

The company has formally communicated the board meeting schedule to both major Indian stock exchanges. The notification was sent to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, and to the National Stock Exchange of India Limited at Bandra Kurla Complex, Bandra East, Mumbai.

Corporate Governance

The announcement was signed by Sonia Jain, Company Secretary & Compliance Officer, with digital authentication completed on April 15, 2026. This demonstrates the company's commitment to maintaining proper corporate governance standards and timely regulatory compliance.

Investors and stakeholders can expect the audited financial results to be made available following the board's approval on the scheduled meeting date.

Historical Stock Returns for Aurum PropTech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%+5.38%+15.37%+7.15%+1.32%+266.92%

How might Aurum PropTech's Q4FY26 results impact its stock performance given the current PropTech market conditions?

Will the company announce any new strategic initiatives or expansion plans during the earnings disclosure?

What dividend policy changes, if any, might the board consider based on FY26 financial performance?

More News on Aurum PropTech

1 Year Returns:+1.32%