Announced Tue, 29 Sept, 2026 · 21:40 IST
Aurum PropTech allots shares to REA India for Locon Solutions buyout
AURUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹220.00
prior close
₹221.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2+0.1+0.9+0.5+1.6+4.8+5.5+2.4—————
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AI summary
Aurum PropTech has allotted 1.97 crore equity shares at Rs 231.421 each to REA India Pte. Limited, totalling about Rs 458 crore. The shares were issued as non-cash consideration for acquiring 100 percent of Locon Solutions Private Limited. REA India's stake in Aurum rises from 5.55 percent to 24.49 percent. Shareholders had approved the deal at the August 2026 EGM.
Likely market impact
Strengthens proptech portfolio and brings REA Group on board as a 24.49 percent strategic shareholder.