AGM Details and Resolutions

Aurum PropTech convened its 13th AGM on September 18, 2026 via video conference to consider five key resolutions. The ordinary business included adoption of audited standalone and consolidated financial statements for FY 2025-26 and reappointment of Mr. Onkar Shetye as Executive Whole-time Director who retired by rotation. Special business resolutions included approval of remuneration to Non-Executive Directors in case of profit inadequacy for FY 2026-27 to FY 2029-30, variation in objects of the rights issue proceeds to include investments in Locon Solutions Private Limited, and approval of material related party transactions including a ₹50 crore loan facility to Locon Solutions.

Financial Performance Overview

Continuing Operations

  • Revenue from operations: ₹38,109 lakhs (significant increase from ₹25,277 lakhs in FY25)
  • Loss before tax: ₹543 lakhs (improved from loss of ₹4,446 lakhs in FY25)
  • Segment performance: Rental ₹20,071 lakhs, Distribution ₹17,255 lakhs, Capital ₹784 lakhs
  • Total comprehensive income: ₹63 lakhs (improved from loss of ₹4,152 lakhs in FY25)

Discontinued Operations

  • Profit after tax: ₹1,234 lakhs (improved from loss of ₹80 lakhs in FY25)
  • Revenue from operations: ₹1,098 lakhs

Significant Corporate Actions and Transactions

Acquisition and Investments

  • Completed 100% acquisition of PropTiger Marketing Services Private Limited on September 25, 2025 for ₹8,645.02 lakhs through preferential issue
  • Recorded goodwill of ₹3,899 lakhs on consolidation
  • Made strategic investments in subsidiaries totaling ₹8,735 lakhs
  • Increased stake in K2V2 Technologies to 81.94% from 44.44%

Capital Structure and Financing

  • Rights issue completion with ₹12,771.54 lakhs received on Second and Final call money
  • Authorized capital: 20,00,00,000 equity shares of ₹5 each (₹10,000 lakhs)
  • Issued, subscribed and paid-up: 7,66,58,527 equity shares of ₹5 each fully paid (₹3,821 lakhs)
  • Securities premium increased to ₹55,063 lakhs from ₹33,750 lakhs

Asset Transactions

  • Board approved sale of buildings at Navi Mumbai for approximately ₹11,200 lakhs
  • Transaction expected to close by June 30, 2026
  • Partial recognition of gain ₹1,772 lakhs attributable to one floor transferred

Voting Process and Compliance

  • Remote e-voting available through NSDL from September 14-17, 2026
  • M/s. Ainesh Jethwa & Associates appointed as Scrutinizer
  • Compliance with Companies Act, 2013, SEBI Listing Regulations, and Secretarial Standards
  • Annual Report sent electronically to members with registered email addresses

Subsidiary and Organizational Structure

  • 15 subsidiaries consolidated including K2V2 Technologies, Liv Real Solutions, Monk Tech Labs, Hello World Technologies, and PropTiger Marketing Services
  • Integrow Asset Management reclassified from subsidiary to associate effective July 01, 2025
  • Aurum Softwares and Solutions Private Limited merged into Liv Real Solutions Private Limited effective April 01, 2025

Cash Flow and Financial Position

Operating Activities

  • Net cash generated: ₹5,453 lakhs (increased from ₹2,274 lakhs in FY25)

Investing Activities

  • Net cash used: ₹8,571 lakhs (increased from ₹3,970 lakhs in FY25)
  • Major investments: Current investments ₹15,719 lakhs, Intangible assets ₹1,474 lakhs

Financing Activities

  • Net cash generated: ₹2,777 lakhs (increased from ₹404 lakhs in FY25)
  • Proceeds from equity issue: ₹13,591 lakhs

Key Financial Position

  • Total assets: ₹94,803 lakhs (increased from ₹67,451 lakhs in FY25)
  • Property, plant and equipment: ₹4,394 lakhs
  • Right-of-use assets: ₹17,723 lakhs
  • Goodwill: ₹20,717 lakhs
  • Total liabilities: ₹43,797 lakhs
  • Lease liabilities: ₹22,303 lakhs
  • Cash and cash equivalents: ₹1,754 lakhs

Regulatory and Compliance Matters

  • Statutory Auditors: Kirtane & Pandit LLP
  • Financial statements approved by Board of Directors on August 14, 2026
  • Prepared in accordance with Indian Accounting Standards (Ind AS)
  • No material regulatory non-compliance noted
  • Various contingent liabilities including income tax matters (₹33 lakhs) and GST matters (₹360 lakhs)

Signatories and Certification

The documents are signed by:

  • For Kirtane & Pandit LLP: Suhrud Lele, Partner
  • For Aurum PropTech Limited: Onkar Shetye (Executive Director), Vasant Gujarathi (Non-Executive Director), Kunal Karan (CFO), Pranali Desale (Company Secretary)

Place: Navi Mumbai

Date: August 14, 2026