Aurum PropTech Limited has scheduled an Extra-Ordinary General Meeting (EGM) on Friday, August 14, 2026, to seek shareholder approval for raising investment limits to ₹1,200 crore and authorizing loans and guarantees up to ₹800 crore. The meeting will be conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM) at 2:00 p.m. IST. The company has fixed Friday, August 07, 2026, as the record date to determine shareholder eligibility for voting and attending the meeting.

Special Business Agenda

The EGM will consider four special resolutions. The first seeks approval to exceed limits under Section 186 of the Companies Act, 2013, allowing the company to invest up to ₹1,200 crore and provide loans or guarantees up to ₹800 crore. The second resolution proposes the acquisition of a 100% stake in Locon Solutions Private Limited by issuing 1,97,93,309 equity shares at ₹231.421 per share to REA India Pte Limited, aggregating to a consideration of ₹458.05 crore.

The third item seeks approval for the preferential issue of 51,00,000 fully convertible warrants to promoter Aurum RealEstate Developers Limited at ₹231.421 per warrant. The fourth resolution proposes altering the Articles of Association to incorporate a Tag Along Right in favor of REA India Pte Limited.

Meeting and Voting Details

Ms. Jinesh Jethwa, Practicing Company Secretary, has been appointed as the Scrutinizer for the EGM. The notice was published in the Financial Express and Loksatta on Wednesday, July 22, 2026. Pranali Desale, Company Secretary & Compliance Officer, submitted the filing to the exchanges.

Aurum PropTech Limited reported a consolidated net profit of ₹45.18 crore for Q1 FY27, marking a sharp turnaround from a net loss of ₹10.02 crore in the same quarter of the previous year. Total income increased 57% year-on-year to ₹121 crore, driven by strong performance in its distribution and rental segments. The company announced its third consecutive profitable quarter, supported by disciplined execution and improving unit economics.

Consolidated Financial Performance

The turnaround was supported by a significant improvement in profitability metrics. EBITDA grew to 303M Rupees from 114M Rupees year-on-year, with EBITDA margin expanding to 27.12% from 17.4%. Adjusted EBITDA margins expanded by 1,320 basis points to 10.2%, while Profit Before Tax (PBT) margins expanded by 1,590 basis points to 1.9%.

The following table summarises key financial metrics for the quarter:

Operational Highlights and Strategic Moves

The distribution segment, comprising platforms like Sell.do and PropTiger, led the growth with 145+ active clients and a 60% year-on-year increase in gross commission. The rental business, including NestAway and HelloWorld, achieved EBITDA profitability during the quarter. Management attributed the performance to disciplined execution and improving unit economics.

A key strategic development was the Board's approval on July 16, 2026, to acquire 100% equity stake of Locon Solutions Private Limited, the owner of Housing.com, from REA India Pte Limited. The transaction, structured as an all-equity share swap, is expected to close before September 30, 2026, pending shareholder and regulatory approvals.

Financial Disclosures

The unaudited financial results were reviewed by the Audit Committee and approved by the Board on July 20, 2026. Kirtane & Pandit LLP, Statutory Auditors, issued the Limited Review Report. The results include a gain of ₹52.35 crore from discontinued operations, related to the sale of buildings in Navi Mumbai for ₹11,200 crore, which was concluded during the quarter. The company also recognized a deferred tax asset of ₹18.9 crore during the period.

Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted newspaper clippings of the Unaudited Financial Results for the quarter ended June 30, 2026, as published in Financial Express (English Edition) and Loksatta (Marathi Edition) on July 21, 2026.