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Aurum PropTech Limited — Capital/Financing Update 2022
Sep 29, 2022
62518_rns_2022-09-29_f7e5c602-ed89-4120-ad80-bbb6da6bc568.pdf
Capital/Financing Update
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Date: September 29, 2022
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 Script Code: 539289
NSE Symbol: AURUM
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”)
This is with reference to our earlier intimation dated February 7, 2022, with respect to the acquisition to effectively hold 53% of the share capital of Grexter Housing Solutions Private Limited (‘Grexter’), a SaaS platform Company focused on Rental Management in Real Estate, for an aggregate cash consideration of INR 2,670 lakhs (Indian Rupees Two Thousand Six Hundred and Seventy Lakh) with the BSE Limited and National Stock Exchange of India Limited.
In furtherance to the aforesaid, we would like to inform that, the Board along with Shareholder’s approval have now decided that no amount will be deployed for the proposed acquisition of shareholding in Grexter as the Company no longer identifies Grexter as the right fit for investment as per the Investment strategy of the Company.
You are requested to take the above on record.
Thanking you.
Yours faithfully,
For Aurum PropTech Limited
(formerly known as Majesco Limited)
KHUSHBU Digitally signed DILIP by KHUSHBU DILIP RAKHECHA RAKHECHA
Khushbu Rakhecha Compliance Officer
www.aurumventures.in (formerly known as Majesco Limited) [email protected] CIN: L72300MH2013PLC244874 +91-22-3000 1700 Office Address: Aurum Q1, Aurum Q Parć, Thane Belapur Road, Navi Mumbai 400710, India