Aurum PropTech Limited — Capital/Financing Update 2023

Oct 6, 2023

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Date: October 06, 2023

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 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”)

Pursuant to Regulation 30 of the LODR Regulations and as per the communication received from the consultants on October 05, 2023, the incorporation of “AURUM PROPTECH MENA L.L.C” in Dubai, United Arab Emirates (UAE), a wholly owned subsidiary of Aurum PropTech Limited (“the Company”) is completed.

The details required under Regulation 30 of the LODR Regulations read with the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, are enclosed as AnnexureA .

You are requested to take the above on record.

Thanking you.

Yours faithfully,

For Aurum PropTech Limited

Digitally signed Sonia by Sonia Hitesh Jain Hitesh Jain Date: 2023.10.06 19:26:30 +05'30'

Sonia Jain

Company Secretary& Compliance Officer

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Annexure-A

Sr. no.	Particulars	Details
1.	Name of the target entity, details inbrief such as size and turnover.	AURUM PROPTECH MENA L.L.C hasbeen incorporated w.e.f. September 27,2023.Share Capital:AED 3,00,000/- divided into 300 Shares, ofvalue AED 1,000.00 each.Turnover: Not Applicable since it is a newlyincorporated Company
2.	Whether the acquisition would fallwithin related party transaction(s)andwhetherthepromoter/promoter group/ group companieshave any interest in the entitybeing acquired?If yes, nature of interest and detailsthereof and whether the same isdone at “arms length”.	AURUM PROPTECH MENA L.L.C is aWholly Owned Subsidiary of AurumPropTechLimited,basedinDubai.Incorporation of AURUM PROPTECHMENA L.L.C doesn't fall within the purviewof related party transactions. None of thepromoter/promotergroup/groupcompanies have any interest in the newlyincorporated entity.
3.	Industry to which the entity beingacquired belongs.	InformationTechnologyservices,Marketing and Advertising.
4.	Objects and effects of acquisition(including but not limited to,disclosureofreasonsforacquisition of target entity, if itsbusiness is outside the main line ofbusiness of the listed entity).	Thecompanyshall beinvolvedinInformationTechnologyservicesandactivities of marketing and advertising ofAurum PropTech group products.

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5.	Brief details of any governmentalor regulatory approvals requiredfor the acquisition.	NA
6.	Indicativetimeperiodforcompletion of the acquisition.	NA
7.	Nature of consideration - whethercash consideration or share swapand details of the same.	100% subscription to the share capital is incash by Aurum PropTech Limited and theconsideration is yet to be paid.
8.	Cost of acquisition or the price atwhich the shares are acquired.	Aurum PropTech Limited has subscribed300 Shares, of value AED 1,000 each.
9.	Percentageofshareholding/control acquired and / or number ofshares acquired.	100%
10.	Brief background about the entityacquired in terms of products/lineof business acquired, date ofincorporation, history of last 3years turnover, country in whichthe acquired entity has presenceandanyothersignificantinformation (in brief).	AURUM PROPTECH MENA L.L.C isincorporated in Dubai, UAE on September27, 2023 and is yet to commence itsbusiness operations.

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