Aurum PropTech Limited — Capital/Financing Update 2023

Aug 7, 2023

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Date: August 07, 2023

To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Fort, Bandra East, Mumbai – 400 001 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 quarter ended June 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

Digitally signed by SONIA SONIA HITESH JAIN HITESH JAIN Date: 2023.08.07 14:42:32 +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 June 30, 2023
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds No
raised
If yes, whether the same is pursuant to change Not Applicable
in terms of a contract or objects, which was ap-
proved by the shareholders
If yes, whether the same is pursuant to change Not Applicable
in terms of a contract or objects, which was ap-
proved by the shareholders
Explanation for Deviation / Variation Not Applicable
Comments of the Audit Committee after review No Comments
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 deviation, in the following table

Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table	Objects for which funds have been raised and where there has been a deviation, in the following table
Original Object	Modi- fied Ob- ject, if any	Origi- nal Al- loca- tion (Rs.in crores)	Modified alloca- 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 applica- ble ob- ject	Remarks, if any
Product Devel- opment	Not Ap- plicable	37.50	-	3.26		34.24	There has been no devia- tion/vari- ation in utiliza- tion of funds raised through Right Is- sue for the quarter	During Q1FY24, company has paid Rs. 0.40 crores for appli- cation develop- ment to Ro- bosoft Technol- ogies Private Limited.
Product Market- ing	Not Ap- plicable	31.00	-	-		31.00		--
Identi- fied In- vest- ments	Not Ap- plicable	156.70	-	60.53		96.17		The company given loan of Rs. 1.00 crores to Helloworld Technologies In- dia Private Limited, sub- scribed to fully convertible de- bentures of Rs. 2.05 crores of Monk Tech Labs

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Pte Limited (Sin-
gapore based
company) and
given loan of Rs.
0.50 crores to In-
tegrow Asset
Management
Private Limited.
Funding
Inor-
ganic
growth
initia-
Not Ap- 95.37
tives 113.87 - 18.50
plicable --
and
general
corpo-
rate pur-
poses
Total 339.07 - 82.29 256.78 -
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Note: Difference, if any, in the amounts is due to rounding-off of the figures to two decimal places

*Out of the total Rs. 339.07 crores, the company has received Rs. 81.92 crores and balance 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

Kunal Digitally signed by Kunal Karan Date: Karan 2023.08.07 14:43:12 +05'30' Kunal Karan CFO

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