Aurum Proptech Capital Structure Change
Aurum PropTech provided additional disclosures for its previously approved preferential issues, including updated shareholding patterns and the utilization of the ₹118.02 crore proceeds.
- Value
- ₹118.0 Cr
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Aurum PropTech provided additional disclosures for its previously approved preferential issues, including updated shareholding patterns and the utilization of the ₹118.02 crore proceeds.
Aurum PropTech submitted a monitoring agency report from CARE Ratings. The report tracks the utilization of ₹343.56 Crore proceeds from a Rights Issue.
Aurum PropTech approved a Rs 118.02 Crore preferential warrant issue to its promoter. Each warrant is priced at Rs 231.42 with an 18-month conversion tenure.
Aurum PropTech approved a Rs.458.06 Crore preferential issue to REA India Pte Limited. REA India will hold a 24.90% stake following the equity allotment.