Aurum Proptech Ltd Share Price – NSE  / BSE

IT - Software, Small Cap

Aurum Proptech announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 August 2026.

Aurum PropTech (Aurum) and REA Group today announced a strategic transaction under which Housing.com (Housing) will join the Aurum PropTech ecosystem. The combination brings together Housing, India's leading real estate marketplace, and Aurum, the largest tech-enabled PropTech ecosystem, into one integrated platform, spanning property discovery, transactions, financing, rentals and management across the real estate life cycle.

Aurum PropTech has entered into a binding Share Acquisition Agreement to acquire 100% of Housing.com in an all-equity transaction, through the issuance of 1,97,93,309 equity shares (representing approximately 20.5% of the enlarged share capital). Following the transaction, REA India's total shareholding in Aurum PropTech will increase to 24.9%.

The acquisition will be funded through the preferential allotment of 1.98 crore equity shares of the company at Rs 231.42 per share to REA India. This would increase REA India?s shareholding in Aurum PropTech to 24.9% from 5.53% as on 31 March 2026.

The proposed acquisition is aimed at integrating Housing.com's property marketplace with Aurum's PropTech ecosystem. This would create a unified AI- and data-driven real estate platform spanning property discovery, developer inventory, brokerage, rentals and transaction services.

The transaction is expected to be completed by 30 September 30, 2026, subject to regulatory, statutory and shareholder approvals.

Separately, the company?s board has approved the issuance of 51 lakh fully convertible warrants to promoter Aurum RealEstate Developers at Rs 231.42 per warrant, aggregating up to Rs 118.02 crore, to strengthen the company's capital base.

The board has also approved amendments to the articles of association (AoA) of the company to incorporate tag-along rights as part of the proposed transaction. The provision will enable REA India to participate proportionately in specified promoter share sales.

Aurum PropTech aims to bring transparency, trust and digital transformation in the real estate sector through its Integrated PropTech Ecosystem.

Powered by Capital Market - Live News

Aurum Proptech will hold a meeting of the Board of Directors of the Company on 20 July 2026.