Aurum Proptech has disclosed a change in statutory auditors for two of its material subsidiaries, following the resignation of MSKA & Associates LLP with effect from August 06, 2026. The development was communicated to the stock exchanges pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Auditor Resignation Across Two Material Subsidiaries

MSKA & Associates LLP (ICAI Firm Registration No. 105047W/W101187), formerly known as M S K A & Associates, has resigned as the statutory auditor of both Aurum Analytica Private Limited and Helloworld Technologies India Private Limited, material subsidiaries of Aurum Proptech Limited. The resignation is effective August 06, 2026, and has been described as part of an internal alignment of statutory auditors across the Aurum Group.

The key details of the auditor's association with each subsidiary are summarised below:

Reason for Resignation

In resignation letters addressed to the respective Boards of Directors, MSKA & Associates LLP stated that the management of the Aurum Group communicated via email dated April 15, 2026, its intention to align the auditors of the subsidiaries with the auditors at the Group level from the financial year ended March 31, 2027. The firm confirmed there were no concerns, no management-imposed limitations on audit evidence, and no other material reasons beyond the stated internal realignment.

Both resignation letters were signed by Udit Brijesh Parikh, Partner, Membership No. 151016, and were issued from Mumbai on August 06, 2026.

Replacement Auditor Proposed

Following the resignation, Kirtane and Pandit, who serve as the statutory auditors of Aurum Proptech Limited, are proposed to be appointed as the statutory auditors of both Aurum Analytica Private Limited and Helloworld Technologies India Private Limited. The appointment is subject to applicable approvals and compliance with the provisions of the Companies Act, 2013.

Key Highlights

• Resigning Auditor: MSKA & Associates LLP (ICAI Firm Reg. No. 105047W/W101187)
• Subsidiaries Affected: Aurum Analytica Private Limited and Helloworld Technologies India Private Limited
• Resignation Effective: August 06, 2026
• Reason: Internal alignment of statutory auditors across the Aurum Group
• Proposed Replacement: Kirtane and Pandit, subject to applicable approvals
• No concerns or audit limitations were cited by the resigning auditor

The disclosure was signed by Pranali Desale, Company Secretary & Compliance Officer of Aurum Proptech Limited, on August 06, 2026.

Aurum PropTech Limited has issued a corrigendum to the notice of its Extraordinary General Meeting (EGM) scheduled for August 14, 2026, to provide fuller and more precise disclosures to shareholders regarding two proposed preferential issues. The update, released on August 06, 2026, follows observations from BSE Limited and the National Stock Exchange of India Limited concerning applications made under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The EGM, to be held via video conferencing or other audio-visual means at 2:00 P.M. (IST), will consider resolutions for the preferential allotment of equity shares to REA India Pte Limited and fully convertible warrants to Aurum RealEstate Developers Limited. The corrigendum modifies the explanatory statement annexed to the original notice dated July 21, 2026, pursuant to Section 102 of the Companies Act, 2013, ensuring compliance with regulatory requirements for transparency in pricing and ownership structure.

Shareholding Pattern Changes

The corrigendum inserts the shareholding pattern on a fully diluted basis, accounting for the proposed equity issuance, warrant exercise, and outstanding employee stock options. Post-issue, the total equity capital is projected to rise from 7,67,36,194 shares to 10,48,97,316 shares. Promoter holding is expected to decrease from 47.89% to 39.89%, while public shareholding will increase from 52.11% to 60.11%.

REA India Pte Limited, a foreign body corporate, will see its stake rise significantly from 5.53% (42,42,537 shares) to 22.91% (2,40,35,846 shares) post-issue. The company clarified that no natural person holds direct shares in REA India Pte Limited; it is ultimately owned by News Corporation via REA Group Limited. Consequently, there is no identifiable natural person as the ultimate beneficial owner, and no change in management or control of Aurum PropTech is anticipated.

Object of the Issue and Utilization

The preferential issue of 51,00,000 fully convertible warrants to Aurum RealEstate Developers Limited aims to raise ₹118.02 crore. The proceeds are earmarked for investment in subsidiary companies (₹90.00 crore), strategic acquisitions (₹14.00 crore), and general corporate purposes (₹14.02 crore). The funds for subsidiary investments will support working capital, product development, and business expansion within three years of receipt.

The company confirmed that amounts earmarked for specific objects will not be re-allocated to general corporate purposes. Unutilized proceeds may be temporarily parked in deposits with scheduled commercial banks but will not be invested in high-risk instruments. A valuation report dated July 15, 2026, was voluntarily obtained from CA Jom Jose to ensure transparency in pricing.

Clarifications on Capital Structure

The corrigendum also addresses the difference between the pre-issue shareholding capital and the issued share capital. The pre-issue pattern reflects 7,67,36,194 equity shares as per the Register of Beneficial Owners as on June 30, 2026. This includes 3,83,827 partly paid-up equity shares from a rights issue in May 2022, where call money remains unpaid. Payment of this outstanding call money will not result in additional equity issuance or further dilution.