Aurum Proptech Limited shareholders approved all five resolutions at its 13th annual general meeting held on September 18, 2026. The approvals included the adoption of FY26 financials, reappointment of Executive Whole-Time Director Mr. Onkar Shetye, and a variation in the objects of the company’s rights issue.

The meeting was conducted via video conferencing. Remote e-voting ran from September 14 to September 17, 2026, via NSDL. Voting at the meeting remained open for 30 minutes post-conclusion. Scrutinizer Ainesh Jethwa certified that all resolutions passed with the requisite majority.

Voting Participation

Total votes polled stood at 50.14% of outstanding shares. Promoter and promoter group participation was complete, with 100% of their shares voted. Public non-institutional shareholders polled 4.29% of their holdings, while public institutions voted 15.02%.

Resolutions Passed

Shareholders adopted the audited consolidated and standalone financial statements for FY26. The Board of Directors and auditor reports were also approved. This ordinary resolution received 99.99% affirmative votes, with only 304 votes cast against.

Mr. Onkar Shetye was reappointed as director after retiring by rotation. The resolution passed with 99.99% support. Shareholders also approved remuneration for non-executive directors in case of profit absence or inadequacy, passing this special resolution with 99.97% approval.

Special Business Items

The variation in the objects of the rights issue was approved as a special resolution. It garnered 99.97% support from voting shareholders. Material related party transactions were also sanctioned. For this item, promoter votes were declared invalid as per SEBI regulations, resulting in a lower overall polling rate of 2.13% for this specific resolution, though it still passed with 99.94% support from eligible voters.

Aurum Proptech has issued additional disclosures to clarify the shareholding pattern and capital utilisation for its proposed acquisition of 100% stake in Locon Solutions Private Limited. The company filed these explanatory disclosures with stock exchanges following queries related to its earlier preferential issue approvals.

The disclosures relate to resolutions approved by members at an extraordinary general meeting held on August 14, 2026. They provide further details on the identity of allottees and the chain of ownership without altering the terms previously approved by shareholders.

Shareholding Pattern Changes

The filing outlines the shift in shareholding structure before and after the proposed preferential issue, including the fully diluted impact of employee stock options and convertible warrants.

REA India Pte Limited, a foreign body corporate, will see its holding increase significantly from 5.56% to 22.91% on a fully diluted basis. This increase stems from the allotment of shares as part of the preferential issue mechanism.

Capital Utilisation Plan

The company plans to utilise gross proceeds of ₹118.02 crore from the preferential issue of fully convertible warrants allotted to its promoter, Aurum RealEstate Developers Limited. The funds are earmarked for investment in subsidiaries, including the newly acquired Locon Solutions Private Limited, within three years of receipt.

The working capital allocation constitutes the largest single component at ₹45.00 crore, followed by equal allocations of ₹20.00 crore each for product development and business expansion. These investments will support existing subsidiaries such as Helloworld Technologies India Private Limited and NestAway Technologies Private Limited.

What the Numbers Show

The significant rise in REA India Pte Limited’s holding to nearly 23% indicates a substantial consolidation of foreign institutional interest alongside the promoter group’s continued dominance. With promoters retaining a 39.89% stake post-dilution, control remains concentrated while integrating new capital for ecosystem expansion.