Aurum PropTech Limited has informed the Exchange regarding a press release dated May 21, 2026, titled "Aurum PropTech Becomes Debt-Free, Doubles Down on Building India s First AI-Native PropTech Ecosystem".
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Aurum PropTech Limited has completed the sale of Buildings Q5 and Q6 at Millennium Business Park, Navi Mumbai for ₹112 Crores (approximately 15% above independent valuation). The proceeds were fully used to prepay the Company's Lease Rental Discounting (LRD) facility, making Aurum PropTech completely debt-free effective May 21, 2026. The company states this significantly strengthens its balance sheet and frees up capital to invest in AI capabilities across its three core segments — Rental, Distribution, and Capital. Management calls it a defining inflection point, positioning the company to lead AI-driven disruption in Indian real estate.
Shareholders should view the debt-free status positively as it improves financial stability and reduces interest burden. The ₹112 Crore asset sale at a 15% premium to valuation is a favourable transaction, and the redirected capital toward AI development could drive future growth across platforms like NestAway, PropTiger, and Sell.do.