Aurum PropTech Limited has informed the Exchange regarding Resignation of Mr Srirang Athalye as Non- Executive Director of the company w.e.f. July 31, 2025.
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Mr. Srirang Athalye has resigned as Non-Executive Director of Aurum PropTech with effect from July 31, 2025, after citing the recent appointment of Mr. Ashish Deora as a new Non-Executive Director as a natural transition point. The Board initially did not want to accept his resignation and acknowledged his valuable contributions, but it was mutually agreed that he would step down. He will continue with the group in a different capacity, having been appointed as a Key Managerial Personnel at Bonds Brain Technologies Private Limited, a wholly owned subsidiary that recently received SEBI registration as a Small and Medium REIT called 'Amsa SM-REIT'. The company disclosed a delay in filing, as the resignation was formally accepted on August 5, 2025 and the disclosure was made on August 6, 2025.
This is a routine, planned board change with no governance red flags — the outgoing director stays within the group, and the subsidiary SM-REIT registration is a positive development that may open a new business vertical. Shareholders are unlikely to see a material impact on the stock from this transition alone.