Aurum PropTech Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
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Aurum PropTech has confirmed to the exchanges that there is no deviation or variation in the use of proceeds from its Rights Issue (originally opened April 2022) for the quarter ended June 30, 2025. The company raised a total of Rs. 334.18 crore (net) through the Rights Issue, of which Rs. 250.85 crore has been utilized so far, leaving Rs. 83.33 crore unutilized. Fund allocation was revised via a special resolution passed on June 07, 2025, with the bulk redirected toward 'Identified Investments' (Rs. 196.12 crore allocated, Rs. 124.75 crore used). The Audit Committee and auditors have no comments, and CARE Ratings is the monitoring agency. The final call money of Rs. 131.15 crore (gross) was received in Q1 FY26, though Rs. 4.89 crore (net) in call money remains pending from some allottees.
This is a routine compliance filing confirming that Rights Issue funds are being used as intended, with no misuse. The substantial unutilized amount of Rs. 83.33 crore (mostly earmarked for inorganic growth and GCP) signals that a large acquisition or deployment is still pending, which could be a future catalyst or a concern about slow capital deployment. Minimal direct stock price impact expected from this disclosure alone.