Aurum PropTech Allots 1.97 Cr Shares to REA India for Locon Acquisition

Aurum PropTech Limited has allotted 1,97,93,309 equity shares to REA India Pte. Limited, Singapore, on a preferential basis. This allotment, valued at approximately ₹458.06 crore, is for the acquisition of a 100% stake in Locon Solutions Private Limited. The shares were issued at a price of ₹231.421 per share. This transaction increases Aurum PropTech's paid-up equity share capital. The allotment was made via a circular resolution dated September 29, 2026, following board and shareholder approvals and in-principle approvals from BSE and NSE.