
Aurum PropTech to acquire Housing.com for ₹1,979.33 Cr
Aurum PropTech Ltd announced a significant share acquisition agreement to acquire 100% of Locon Solutions Private Limited, the owner of Housing.com. The acquisition will be funded through a preferential issue of 1,97,93,309 equity shares to REA India Pte Limited, Singapore. Additionally, the company will issue 51,00,000 convertible warrants to its promoter, Aurum RealEstate Developers Limited. The company also plans to alter its Articles of Association to include tag-along rights. An EGM is scheduled for August 14, 2026, to seek shareholder approval for these transactions. The acquisition aims to integrate Housing.com into Aurum PropTech's ecosystem, creating a unified marketplace and transaction platform.
Key Highlights
- Aurum PropTech to acquire 100% of Housing.com (Locon Solutions).
- Acquisition to be funded by issuing 1,97,93,309 equity shares.
- Promoter to receive 51,00,000 convertible warrants.
- Articles of Association to be amended for tag-along rights.
- Shareholder approval to be sought at EGM on August 14, 2026.
Price Impact
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