Aurum PropTech Limited has informed the Exchange regarding 'Update on the receipt of Second and Final call on partly paid-up Equity Shares of the Company issued on Rights basis'.
AURUM · price
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Aurum PropTech has received ₹131.15 crore, representing about 96% of the total amount due on the Second and Final Call (along with any pending first call money) on partly paid-up equity shares issued on a rights basis. Shareholders were required to pay ₹30 per partly paid-up share, with the payment window running from April 1 to April 30, 2025 (record date was March 4, 2025). The call money covered 4,15,70,175 equity shares, of which 4,12,75,750 have been converted into fully paid-up shares of ₹5 each. These fully paid-up shares will be available for trading on the stock exchanges from May 21, 2025 under the new ISIN INE898S01029.
This completes the rights issue fund-raising process, boosting the company's paid-up capital and clearing any remaining uncertainty around the partly paid-up shares. The strong ~96% collection rate signals healthy shareholder participation and reduces any overhang on the stock; existing holders may see a temporary price adjustment as the newly fully paid-up shares begin trading.