NSEStatement of deviation(s) or variation(s) under Reg. 322d ago · 20 Jul 2026, 12:34 pm
Statement of deviation(s) or variation(s) under Reg. 32
Aurum PropTech Limited · AURUM
✦ AI SummaryResults
Aurum PropTech Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32, confirming no deviation or variation in the use of proceeds from the objects stated in the Letter of Offer for Rights Issue.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment6/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Aurum PropTech Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
Attachments (1)
📄pdf
Download →
AURUM_20072026123413_Regulation32Statementofdeviationsd.pdf
View document text
Date: July 20, 2026
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Bandra Kurla Complex
Dalal Street, Fort Bandra East
Mumbai-400 001 Mumbai – 400 051
BSE Scrip Code: 539289 NSE Symbol: AURUM
Sub: Statement of deviation or variation in the use of proceeds of Rights Issue.
Dear Sir/Madam,
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of
proceeds, from the objects stated in the Letter of Offer for Rights Issue of the Company dated
April 08, 2022. A statement confirming that there is no deviation or variation in the utilisation
of these proceeds for the quarter ended June 30, 2026, duly reviewed by the Audit
Committee, is attached.
You are requested to take the same on record.
Thanking you.
For Aurum PropTech Limited
Pranali Desale
Company Secretary & Compliance Officer
Statement of Deviation/ Variation in utilization of funds raised
Name of listed entity Aurum PropTech Limited
Mode of Fund-Raising Rights Issue Rights Issue
Date of Raising Funds April 26, 2022, to May 10, 2022
April 01, 2024, to April 15, 2024
April 01, 2025, to April 30, 2025
(On application, first call and second & final
call respectively)
Amount Raised Rs. 343.56 crore (net of right issue expense)
Report filed for Quarter ended June 30, 2026
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of Not Applicable
funds raised
If yes, whether the same is pursuant to Not Applicable
change in terms of a contract or objects,
which was approved by the shareholders
If yes, date of Shareholder Approval Not Applicable
Explanation for Deviation / Variation Not Applicable
Comments of the Audit Committee after No Comments
review
Comments of the auditors, if any No Comments
Objects for which funds have been raised and details of deviation, if any:
Funds Unutilised Amount
Utilized amount in of
Original Modifie at the Rs. crore Deviation/
Original Modified Allocation d end of from Variation Rema
Object Object, if allocati the called for the rks, if
any (Rs.in on, if quarter amount quarter any
crores) any
till date according
(Rs. in
(Rs. to
crores)
Crore) applicabl
e object
As per
Special
Product Resolutio
37.50 13.87 9.18
Development n passed -
June 07,
2025
As per
Special 33.73
Product Resolutio
31.00 10.41 3.78 -
Marketing n passed
June 07,
There has
2025
been no
deviation/
As per
variation in
Special utilization
Identified Resolutio of funds
156.70 196.12 172.38 -
Investments n passed raised
through
June 07,
Right
2025
Issue for
the quarter
Funding
Inorganic As per
growth Special
initiatives and Resolutio
general n passed
113.87 118.67 118.55
corporate June 07,
purposes 2025
(GCP)
Total 339.07 339.07 303.89 33.73 -
Note: Difference, if any, in the amounts is due to rounding-off of the figures to two decimal places
Deviation or variation could mean:
a. Deviation in the objects or purposes for which the funds have been raised or
b. Deviation in the amount of funds actually utilized as against what was originally disclosed or
c. Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter
of offer, etc.
Note:
During the financial year 2022-23, the Company had issued 4,29,44,533 equity shares of face
value of INR 5/- each on right basis (Rights Equity Shares). In accordance with the terms of
issue, INR 20/~ per Rights Equity Share (including a premium of INR 18.75 per share) was
received from the concerned allottees on application and shares were allotted.
The Company made First call of INR 30/- per Rights Equity Share (including & premium of
INR 28.13 per share) in March 2024. As on March 31, 2025, an aggregate amount of INR
763.58 lakhs (including premium amount of INR 715.88 lakhs) was unpaid against the First
call. The trading of 4,03,99,270 partly paid shares were effective from May 7, 2024.
The Company made Second and Final call of INR 30 per Rights Equity Share (including a
premium of INR 28.12 per share) in March 2025 along with reminder for the unpaid First call
money.
During the quarter ended June 2026, the Company received INR 16 Lakhs in which INR 1
Lakh pertains to interest earned on arrear call payments from the investors, hence balance
INR 15 Lakhs is the net proceeds in the absence of issue expenses in Q1FY27. Hence, as of
June 30, 2026, a shortfall of INR 145 Lakhs remained pending from the shareholders.
For Aurum PropTech Limited
Kunal Karan
Chief Financial Officer