StockWatch
·
IT Enabled Services
Board Meeting14 Aug 2026, 02:05 pm

Aurum PropTech Board Approves Audited FY26 Results, Rights Issue Amendment

AI Summary

Aurum PropTech Ltd's Board of Directors met on August 14, 2026, to approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. These results incorporate the Scheme of Merger of two wholly owned subsidiaries, effective June 12, 2026. The board noted no change in financial performance compared to previously disclosed results. Additionally, the board approved an amendment to the Objects of the Rights Issue to permit investment in Locon Solutions Private Limited, upon its becoming a subsidiary, through various permissible modes, subject to shareholder approval.

Key Highlights

  • Audited financial results for Q4 FY26 and FY26 approved.
  • Merger of two wholly owned subsidiaries is effective.
  • No change in financial performance from prior disclosure.
  • Rights Issue objects amended to include investment in Locon Solutions.
  • Shareholder approval required for rights issue amendment.