Aurum PropTech Limited — Capital/Financing Update 2024

May 13, 2024

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Date: May 13, 2024

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

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 08, 2022. A statement confirming that there is no deviation or variation in the utilisation of these proceeds for the quarter and year ended March 31, 2024, duly reviewed by the Audit Committee is attached.

You are requested to take the same on record.

Thanking you.

For Aurum PropTech Limited

Sonia Digitally signed by Sonia Hitesh Hitesh Jain Date: 2024.05.13 Jain 19:00:31 +05'30'

Sonia Jain Company Secretary & Compliance Officer

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	Rights Issue
Date of Raising Funds	17.05.2022
Amount Raised	Rs. 85.8891 Crores
Report filed for Quarter ended	March 31, 2024
Monitoring Agency	Applicable
Monitoring Agency Name, if applicable	CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised	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
If yes, date of Shareholder Approval	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	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	Modif ied Objec t, if any	Original Allocati on (Rs.in crores)	M o di fi e d al lo c at io n, if a n y	Funds Utilize d at the end of the quarter (Rs. in crores)	Unutili sed amoun t in Rs. crore from called amoun t till date (Rs. Crore)	Uncall ed amoun t in Rs. crore	Amount of Deviatio n/ Variatio n for the quarter accordin g to applicab le object	Remarks, if any
Product Development	Not Applic able	37.50	-	3.27	-	-	There has been no deviatio n/variati on in utilizatio n of funds raised through Right Issue for the quarter	--
Product Marketing	Not Applic able	31.00	-	0.20	0.0003	-		Paid to 4 AM Worldwid e Advertisin g Pvt Ltd
Identified Investments	Not Applic able	156.70	-	60.53	-	-		--

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Funding Inorganic growth initiatives and general corporate purposes	Not Applic able	113.87	-	18.50	-	-		--
Total		339.07*	-	82.50	0.0003	257.15		--

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 of Rs.257.15 is pending to be called from the shareholders. The surplus amount utilised pertains to the interest income earned of Rs.0.58 crore till date, and there is no balance pending for utilisation purpose.

The company has only received application money of Rs. 20 per rights equity share from a total Rs. 80 per rights equity share as on 31[st] March, 2024.

Further, the company has called for Rs. 30 per rights equity share as the first call money vide Call money notice dated 27[th] March, 2024.

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 2024.05.13 19:08:21 +05'30'

Kunal Karan Chief Financial Officer

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