AGM/EGM21 Jul 2026, 05:50 pm
Aurum PropTech Announces EGM on August 14, 2026
AI Summary
Aurum PropTech Ltd has announced an Extra-ordinary General Meeting (EGM) to be held on August 14, 2026, at 2:00 PM IST via Video Conferencing. The cut-off date for determining voting rights is August 7, 2026. The primary business of the EGM includes seeking shareholder approval for loans, investments, guarantees, and securities exceeding prescribed limits under Section 186 of the Companies Act, 2013, with proposed aggregate limits of ₹1200 crore for investments and ₹800 crore for loans/guarantees/securities. Additionally, the EGM will consider the acquisition of a 100% stake in Locon Solutions Pvt Ltd.
Key Highlights
- EGM scheduled for August 14, 2026, via Video Conference.
- Cut-off date for voting rights is August 7, 2026.
- Seeking approval for significant loans and investments up to ₹1200 crore.
- Proposal to acquire 100% stake in Locon Solutions Pvt Ltd.
- Shareholder approval required for transactions under Section 186 of Companies Act.
Price Impact
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