Acquisitions16 Oct 2025, 08:15 pm
Aurum PropTech to Acquire 8.2% Stake in K2V2 Technologies for INR 6.33 Crore
AI Summary
Aurum PropTech Ltd. has approved the acquisition of up to 8.2% equity stake in K2V2 Technologies Private Limited for an amount not exceeding INR 6.33 crore. This acquisition will increase Aurum PropTech's shareholding in K2V2 to 90.14%, thereby further enhancing its majority control and reducing minority interest in the subsidiary. K2V2 Technologies Private Limited is engaged in the business of development, marketing, selling, trading, and dealing in Software, Software Development and Technology products systems.
Key Highlights
- Aurum PropTech to acquire 8.2% stake in K2V2 Technologies for INR 6.33 crore
- Upon completion, the Company’s shareholding in K2V2 will increase to 90.14%
- K2V2 Technologies Private Limited is engaged in Software and Technology business
- K2V2 recorded a turnover of INR 26.64 Crores (as per audited financials March 31, 2025)
- The acquisition will be completed within 15 days of the receipt of all the other requisite approval(s) and shareholder’s approval whichever is later