Aurum PropTech Limited has informed the Exchange about General Updates
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Aurum PropTech has issued a corrigendum to its EGM notice originally dated July 23, 2025, ahead of the EGM scheduled for August 21, 2025. The main agenda item is the acquisition of 100% stake in PropTiger Marketing Services Private Limited through a preferential issue of equity shares to REA India Pte Limited, Singapore (a subsidiary of REA Group Limited, ASX: REA, which in turn is part of News Corp, NASDAQ: NWS). REA India will be allotted 42,42,537 equity shares, giving it a 5.5% post-issue shareholding in Aurum PropTech. The corrigendum clarifies details on the identity of the allottee, confirms there will be no change in control of Aurum PropTech, and that no SEBI open offer obligation is triggered. A corrigendum to the valuation report dated August 18, 2025 by Nishant Soni & Associates has also been issued. Shareholders who have already cast e-votes can modify their votes by emailing the scrutinizer by August 20, 2025 at 5:00 PM.
This is a procedural update (corrigendum) rather than a new development, so direct stock impact is limited. The underlying transaction — a strategic investment by REA Group/News Corp's India arm — signals validation by a major global real estate media player, but the small 5.5% stake means no change in control. Shareholders should review the revised disclosures before the August 21 EGM and may revise their votes if needed.