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Aurum PropTech: No Deviation in Rights Issue Fund Utilization for Q3 FY26
Aurum PropTech Limited
January 19, 2026, 05:11 PM
Aurum PropTech confirms no deviation in Rights Issue fund utilization for the quarter ended December 31, 2025. Total funds raised were ₹334.18 crore. Funds were utilized for product development, marketing, investments, and GCP. ₹280.95 crore utilized, ₹58.12 crore unutilized. Audit Committee found no deviation.
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Aurum PropTech Limited has confirmed that there is no deviation or variation in the utilization of proceeds from its Rights Issue, as per Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement for the quarter ended December 31, 2025, reviewed by the Audit Committee, confirms that funds raised, amounting to ₹334.18 crore (net of expenses), have been utilized in line with the objects stated in the Letter of Offer dated April 08, 2022.
The company raised funds through a Rights Issue between April 26, 2022, and May 10, 2022. Subsequent calls were made, with the first call in March 2024 and the second and final call in March 2025. As of December 31, 2025, an aggregate amount of ₹230.60 lakhs remained unpaid from the calls. The company has received ₹13,416.33 lakhs towards the calls during the period ended September 30, 2025, making these Rights Equity Shares fully paid. Interest income of ₹1.34 crore on net proceeds and ₹0.55 crore from investors was realized till December 31, 2025.
The utilization of funds is categorized under Product Development (₹8.22 crore utilized out of ₹37.5 crore), Product Marketing (₹2.57 crore utilized out of ₹31.00 crore), Identified Investments (₹151.61 crore utilized out of ₹156.70 crore), and Funding Inorganic growth initiatives and general corporate purposes (GCP) (₹118.55 crore utilized out of ₹113.87 crore). The total funds utilized by the end of the quarter were ₹280.95 crore, with ₹58.12 crore remaining unutilized from the total raised amount of ₹339.07 crore. The Audit Committee and auditors provided 'No Comments', indicating adherence to the stated objects.
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