Aurum PropTech Limited has informed the Exchange regarding Corrigendum to Notice of Extra Ordinary General Meeting to be held on August 21, 2025
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Aurum PropTech has issued a corrigendum (amendment) to the notice of its EGM scheduled for August 21, 2025, at 2:00 PM via video conferencing. The EGM is to consider the acquisition of 100% stake in PropTiger Marketing Services Private Limited through a preferential issue of equity shares. The corrigendum clarifies that the allottees will be REA India Pte Limited (Singapore), a subsidiary of REA Group (ASX: REA), which in turn is part of News Corp (NASDAQ: NWS). Post-issue, REA India will hold 42,42,537 shares (5.5%) of Aurum PropTech, with no change in control of the company. The corrigendum also updates lock-in period terms and references a revised valuation report dated August 18, 2025. Shareholders who have already e-voted can revise their votes by emailing the scrutinizer by August 20, 2025, 5:00 PM.
This is a procedural correction to the EGM notice and does not change the substance of the proposal. It adds clarity on the identity of the allottee (REA India) and the shareholding outcome (5.5%), confirming no change in control. For shareholders, the corrigendum provides additional disclosure on the preferential issue and acquirer, which is relevant to their voting decision on the PropTiger acquisition.