Aurum PropTech Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on August 21, 2025
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Aurum PropTech Limited held an Extraordinary General Meeting on August 21, 2025, where shareholders approved two special resolutions with overwhelming majority. Resolution 1, to acquire 100% stake in PropTiger Marketing Services Private Limited through a preferential issue of equity shares, was passed with 99.99% votes in favor (3.81 crore votes) against just 2,494 votes. Resolution 2, to approve variation in the objects of the rights issue, was passed with 99.88% votes in favor, with promoter group votes excluded as they are interested parties. Both resolutions were passed comfortably, with only a handful of dissenting votes out of over 61,000 shareholders on record.
Shareholders have greenlit the company's plan to fully acquire PropTiger Marketing Services via a preferential share issue, which will lead to equity dilution but brings PropTiger entirely under Aurum PropTech's umbrella. The strong approval margin (nearly unanimous) suggests broad shareholder confidence in the acquisition and the revised use of rights issue proceeds.