Aurum PropTech Limited — Capital/Financing Update 2023

Nov 6, 2023

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Date: November 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 Scrip Code: 539289 NSE Symbol: AURUM

Dear Sir/ Madam,

Sub.: Statement of deviation or variation in the use of proceeds of Rights Issue.

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 8, 2022. A statement confirming that there is no deviation or variation in the utilisation of these proceeds for the quarter and half year ended September 30, 2023, duly reviewed by the Audit Committee is attached.

You are requested to take the same on record.

Thanking you.

Yours faithfully,

For Aurum PropTech Limited (Formerly known as Majesco Limited)

Sonia Digitally signed by Sonia Hitesh Hitesh Jain Date: 2023.11.06 Jain 18:59:06 +05'30'

Sonia Jain Company Secretary & Compliance Officer

Encl: as above

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Statement of Deviation/ Variation in utilization of funds raised.

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Name of listed entity Aurum PropTech Limited
Mode of Fund-Raising Rights Issue Rights Issue
Date of Raising Funds 17.05.2022
Amount Raised Rs. 85.8891 Crores
Report filed for Quarter ended September 30, 2023
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 re- No Comments
view
Comments of the auditors, if any No Comments
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	Objects for which funds have been raised and where there has been a devia- tion, in the following table	Objects for which funds have been raised and where there has been a devia- tion, in the following table	Objects for which funds have been raised and where there has been a devia- tion, in the following table	Objects for which funds have been raised and where there has been a devia- tion, in the following table	Objects for which funds have been raised and where there has been a devia- tion, in the following table	Objects for which funds have been raised and where there has been a devia- tion, in the following table	Objects for which funds have been raised and where there has been a devia- tion, in the following table	Objects for which funds have been raised and where there has been a devia- tion, in the following table
Origi- nal Object	Modi- fied Ob- ject, if any	Origi- nal Al- loca- tion (Rs.in crores)	Modi- fied al- loca- tion, if any	Funds Uti- lized at the end of the quar- ter (Rs. in crores)	Unu- tilised amount in Rs. crore from called amount till date (Rs. Crore)	Un- called amount in Rs. crore	Amount of Devi- ation/ Varia- tion for the quarter accord- ing to appli- cable object	Remarks, if any
Prod- uct Devel- op- ment	Not Appli- cable	37.50	-	3.27	-	-	There has been no devia- tion/var- iation in utiliza- tion of funds raised through Right Is- sue for the quarter	--
Prod- uct Mar- keting	Not Appli- cable	31.00	-	0.20	-	-		The company has utilised Rs.0.20 crore during Q2FY24 to- wards product marketing which are for branding and marketing consulting service, social media

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maintenance,
SEO manage-
ment, brand
strategy de-
velopment
and, Blogs,
and Video de-
velopment
charges.
Identi-
Not
fied In-
Appli- 156.70 - 60.53 --
vest-
cable
ments
- -
Fund-
ing In-
or-
ganic
growth
initia- Not -
tives -
Appli- 113.87 - 18.50
and --
cable
gen-
eral
corpo-
rate
pur-
poses
Total 339.07 - 82.50 0.0004 257.15 --
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Note: Difference, if any, in the amounts is due to rounding-off of the figures to two decimal places

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*Out of the total Rs. 339.07 crores, the company has received Rs. 81.92 crores and balance of Rs.257.15 is pending to be called from the shareholders.

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

For Aurum PropTech Limited

(Formerly known as Majesco Limited)

Kunal Digitally signed by Kunal Karan Date: 2023.11.06 Karan 18:58:00 +05'30'

Kunal Karan

Chief Financial Officer

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