Aurum PropTech Limited — AGM Information 2024

Sep 26, 2024

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Date: September 26, 2024

To, Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001

Listing Department National Stock Exchange of India Limited Bandra Kurla Complex, Bandra East, Mumbai – 400 051

BSE Scrip Code: 539289 NSE Symbol: AURUM

Dear Sir/ Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceeding of 11[th] Annual General Meeting (“AGM”) of the Company held on September 26, 2024.

Please find attached the gist of proceedings of the 11[th] Annual General Meeting of the Company held today i.e. Thursday, September 26, 2024, at 02:00 p.m. (IST) through Video Conference (VC) / Other Audio Visual Means (OAVM) Facility.

The same is also available on the website of the Company at: - https://www.aurumproptech.in/investor/general meeting.

This is for your information and records.

For Aurum PropTech Limited

Sonia Digitally signed by Sonia Hitesh Hitesh Jain Jain Date: 2024.09.26 19:17:21 +05'30'

Sonia Jain Company Secretary & Compliance Officer

Encl: as above

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GIST OF PROCEEDINGS OF THE 11[TH] ANNUAL GENERAL MEETING OF THE COMPANY

A. Date, time and venue of Annual General Meeting (Meeting):

The 11[th] Annual General Meeting (“AGM”) of the Members of Aurum PropTech Limited the Company”) was held on Thursday, September 26, 2024 at 02:00 P.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) and concluded at 03:30 P.M. (IST).

B. Proceedings in brief:

• The Board of Directors elected among themselves Mr. Vasant Gujarathi, Independent Director as the Chairman of the 11[th] AGM.

• The Chairman informed that the Meeting is held through VC / OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

• The requisite quorum being present, the Chairman called the Meeting to order.

• The Chairman informed that the representative of M/s. M S K A & Associates, Chartered Accountants, Statutory Auditors of the Company and Mr. Ainesh Kumar Jethwa, the Secretarial Auditor of the Company are also present at the meeting.

• The Chairman informed the members that M/s Ainesh Kumar Jethwa is appointed

• as the scrutinizer to scrutinize the voting through electronic means (i.e remote e- voting and voting at meeting though electronic voting system).

• Ms. Sonia Jain, the Company Secretary & Compliance Officer informed that the Meeting is held through VC/ OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. She also informed that the Company has tied up with National Securities Depositories Limited (NSDL) to provide a facility for voting through remote e-voting, e-voting during the AGM.

• The Notice of the 11[th] AGM and the Report of the Statutory Auditor and Secretarial Auditor is taken as read with the permission of the Members present as they did not contain any qualification, observation, or comment.

• Mr. Onkar Shetye, Mr. Kunal Karan and Mr. Srirang Athalye gave a brief overview of the operations of the Company and addressed the Members.

• Ms. Sonia Jain informed that the remote e-voting process was carried out by the Company from Monday, September 23, 2024 at 9:00 A.M. (IST) and ended on Wednesday, September 25, 2024 at 5:00 P.M (IST) through NSDL E-voting platform and the facility for voting through e-voting system is made available during the Meeting for Members who had not cast their vote prior to the Meeting.

• The members were informed that the Company had made all feasible efforts to enable members to participate through video conference and vote at the AGM.

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C. The following items of business, as set out in the Notice convening 11[th] AGM were transacted:

Ordinary Business

1. Adoption of Audited Financial Statements (Consolidated & Standalone) for the financial year 2023-24 together with Reports of the Board of Directors and Auditors thereon.

2. Appointment of Mr. Onkar Shetye (DIN: 06372831), Executive Whole-time Director, who retires by rotation as a Director.

3. The Shareholders were informed that M/s. M S K A & Associates, the Statutory Auditors of the Company have completed their present term of five years till the conclusion of this AGM. M/s. M S K A & Associates had intimated the Company on 25[th] September, 2024 that they should not be proposed for reappointment as statutory auditors from FY 2024-2025 onwards by withdrawing their consent for reappointment given by them on April 26, 2024. Considering this, resolution No. 3 of the AGM Notice for Re-appointment of M/s. M S K A & Associates (FRN: 105047W), Chartered Accountants, as the Statutory Auditors of the Company has been withdrawn and the voting done on the same is considered null and void.

Special Business

Special Resolution:

1. Re-appointment of Mr. Vasant Gujarathi (DIN: 06863505) as an Independent Director of the Company.

2. Approved the variation in the estimated amount of objects of rights issue proceeds.

3. Approved the borrowing limits in excess of the Paid-up Share Capital, Free Reserves and Securities Premium of the Company pursuant to 180(1)(c) of the Companies Act, 2013.

4. Approved the waiver of excess managerial remuneration of Mr. Onkar Shetye (DIN: 06372831), Executive Whole Time Director and waiver of excess remuneration of Mr. Srirang Athalye (DIN: 02546964), pursuant to exercise of stock options.

5. Approved the payment of remuneration to Executive and Non-Executive Directors in case of no profits /inadequate profits in accordance with the provisions of Schedule V of the Act or such other sum as may be permitted under the applicable provisions by way of exercise of stock options granted to Mr. Onkar Shetye (DIN: 0637281) Executive Director for a period from May 04, 2024 to May 03, 2027, Mr. Srirang Athalye (DIN: 02546964) and Mr. Ramashrya Yadav (DIN: 00145051) Non-Executive Directors of the Company for a period from April 01, 2024 till March 31, 2027.

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Ordinary Resolution:

1. Approved the Material Related Party Transaction/transaction(s) proposed to be entered into by the Company during the financial year 2024-25.

A total of 7 members registered themselves with the Company as speaker; 1 member spoke/raised queries/made comments on the CSR and other relevant matters. Necessary responses were provided to the member by the Management of the Company.

D. Voting by members

• The Company had provided a remote e-voting facility to the members to cast votes electronically on the resolutions set out in the Notice.

• The facility to vote at the meeting through the electronic voting system, was also made available to the members who participated in the meeting and had not cast their votes through remote e-voting.

E. Result of voting (remote e-voting and voting at the meeting through an electronic voting system)

• Mr. Ainesh Kumar Jethwa, Practicing Company Secretary (ICSI Membership No. ACS 27990) (Certificate of Practice No. 19650), was appointed as Scrutinizer to scrutinize the remote e-voting process and e-voting at the AGM in a fair and transparent manner.

• All the resolutions set out in the Notice, except resolution no. 3 which has been considered as null and void as mentioned above have been passed with the requisite majority.

Notes:

• i. Scrutinizer’s Report on remote e-voting and voting at the AGM along with voting results under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be declared and separately intimate to the Stock Exchanges within the prescribed time period and also be uploaded on the website of Company and NSDL, the authorized agency which provided e-voting facility.

• ii. This document does not constitute minutes of the proceedings of the Annual General Meeting of the Company.

You are requested to disseminate the above intimation on your website.

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