Aurum PropTech Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has informed the Exchange regarding voting results along with copy of scrutinizers report together with copy of minutes.
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Aurum PropTech has announced the results of its postal ballot concluded on June 7, 2025, with all five resolutions passed with overwhelming shareholder support (over 99% in favor on each item). The key resolutions approved include raising up to Rs. 600 crore through equity shares, QIP, rights issue, FPO, preferential issue, or NCDs, and a specific QIP authorization of up to Rs. 300 crore. Shareholders also approved varying the objects of the earlier rights issue, appointing Mr. Ashish Deora as a Non-Executive Non-Independent Director, and clearing material related party transactions. Promoter and promoter group held 3.60 crore shares and were marked as interested in the director appointment and RPT resolutions, abstaining from voting on those items.
The shareholder clearance gives the company a green light to raise up to Rs. 600 crore, which could lead to equity dilution depending on which route (QIP, rights, or preferential) is eventually chosen. The strong voting margin and high promoter alignment suggest smooth execution ahead, though retail investors should watch for further announcements on the actual fundraise, pricing, and use of proceeds.