Aurum PropTech Limited — Capital/Financing Update 2023

Feb 10, 2023

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Date: February 10, 2023

To, Listing Department Listing Department BSE 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

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

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

Dear Sir/ Madam,

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 December 31, 2022, 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

SONIA Digitally signed by SONIA HITESH JAIN HITESH JAIN Date: 2023.02.10 12:32:48 +05'30'

Sonia Jain

Company Secretary

Encl: as above

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Statement of Deviation/ Variation in utilization of funds raised.

Name of listed entity	Aurum PropTech Limited
Mode of Fund-Raising Rights Issue	Right Issue
Date of Raising Funds	17.05.2022
Amount Raised	Rs. 8588.91 Lakhs
Report filed for Quarter ended	December 31, 2022
Monitoring Agency	Applicable
Monitoring Agency Name, if applicable	CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised	No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders	Not Applicable
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders	Not Applicable
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
Original Object	Modified Object, if any	Original Allocati on (Rs.in Lakhs)	Modified allocation , if any	Funds Utilized (Rs. in Lakhs)	Unutilized amount (Amount in Lakhs)	Amount of Deviation/ Variation for the quarter according to applicable object	Remarks, if any
Product Development	Not Applicable	3,750	-	240.00	3,509.90	There has been no deviation/varia tion in utilization of funds raised through Right Issue for the quarter	NIL
Product Marketing	Not Applicable	3,100	-	-	3,100
Identified Investments	Not Applicable	15,670	-	4,731	10939
Funding Inorganic growth initiatives and general corporate purposes	Not Applicable	11,387	-	1,850	9536.80

Note: Difference, if any, in the amounts is due to rounding-off of the figures to two decimal places

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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 Karan Date: 2023.01.25 15:45:16 +05'30'

Kunal Kara n

CFO

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