StockWatch
·
IT Enabled Services
Board Meeting14 Aug 2026, 02:03 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 its wholly-owned subsidiaries, Aurum Softwares and Solutions Private Limited with Liv Real Solutions Private Limited, which became effective on June 12, 2026. The company stated there is no change in financial performance or position compared to the results approved on April 23, 2026. Additionally, the Board approved an amendment to the Objects of the Rights Issue to include investment in Locon Solutions Private Limited, upon it becoming a subsidiary, subject to shareholder approval.

Key Highlights

  • Audited financial results for FY26 declared.
  • Merger of two wholly-owned subsidiaries approved.
  • No change in financial performance post-merger.
  • Rights Issue objects amended to include new subsidiary investment.
  • Shareholder approval required for rights issue amendment.