Aurum PropTech Limited — Capital/Financing Update 2025

Apr 25, 2025

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Date: April 25, 2025

To, Listing Department BSE Limited

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

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 ended March 31, 2025, 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 Jain Hitesh Jain Date: 2025.04.25 20:13:07 +05'30'

Sonia Jain

Company Secretary & Compliance Officer

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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, 30.04.2024 and 26.02.2025
(Application, first call and second & final
call)
Amount Raised Rs. 203.11 crore
Report filed for Quarter ended March 31, 2025
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 No Comments
review
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

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Unutili
Funds
sed Amount
Utilize
amoun of
Original Modifie d at
t in Rs. Deviation/
Allocati the
Modified d
Original Object, if on allocati end of crore from Variation for the Remarks, if
Object the any
any (Rs.in on, if called quarter
quarter
crores) any amoun according
(Rs. in t till to
crores) date applicabl
(Rs. e object
Crore)
Product Not Nil utilisation
37.5 13.87 4.17 Nil
Development Applicable during the
quarter
There has
been no
deviation/v
ariation in
utilization of
funds
raised
Product Not Nil utilisation
31.00 10.41 0.82 Nil through during the
Marketing Applicable Right Issue
quarter
for the
quarter
Nil utilisation
Identified Not
156.70 196.12 82.03 Nil during the
Investments Applicable
quarter
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Funding
Inorganic
growth
Not
initiatives and Nil utilisation
general Applicable 113.87 118.67 116.73 Nil during the
quarter
corporate
purposes
Total 339.07 339.07 203.75 0.00 --
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Note: Difference, if any, in the amounts is due to rounding-off of the figures to two decimal places

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.

Note:

The Right Issue Committee of the Company in their meeting dated March 5, 2024 made the first call of Rs. 30 per partly paid equity share (comprising of Rs.1.87 towards face value and a premium of Rs. 28.13 per Rights Equity Share) on 4,29,44,533 partly paid-up equity shares of the Company. The Company received a total of Rs.121.19 crore on 4,03,99,270 partly paid-up equity shares. The Company only received money from 4,03,99,270 partly paid-up equity shares amounting to Rs.121.19 crore resulting in shortfall of Rs. 7.64 crore against the called amount.

On February 26, 2025, the Company made the Second and Final Call of Rs. 30/- per partly paid up Equity Share (comprising of Rs. 1.88/- towards face value and Rs. 28.12/- towards securities premium) payable from Tuesday April 1, 2025 to Tuesday, April 15, 2025. The Rights Issue Committee in its Meeting held Tuesday, April 15, 2025 further decided to extend till Wednesday, April 30, 2025.

For Aurum PropTech Limited

Kunal Digitally signed by Kunal Karan Karan Date: 2025.04.25 20:13:43 +05'30' Kunal Karan Chief Financial Officer

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