Aurum PropTech Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
AURUM · price
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Aurum PropTech Limited has filed a confirmation that there is no deviation or variation in the utilization of proceeds from its Rights Issue conducted between April 2022 and April 2025. The company raised Rs. 343.56 crore (net of issue expenses). For the quarter ended March 31, 2026, Rs. 299.90 crore has been utilized out of Rs. 339.07 crore allocated, with Rs. 37.57 crore remaining unutilized. Funds were deployed across four categories: Product Development (Rs. 13.87 crore utilized), Product Marketing (Rs. 10.41 crore), Identified Investments (Rs. 196.12 crore), and Funding Inorganic Growth/GCP (Rs. 118.67 crore). The Audit Committee reviewed and confirmed no deviations.
Positive signal for shareholders as the company has adhered to its stated fund utilization objectives without any deviation from the Letter of Offer. The unutilized amount of Rs. 37.57 crore will continue to be deployed as per the original plans.