Aurum PropTech (NSE:AURUM): What Does the Housing.com Acquisition Mean for Shareholders?
Aurum PropTech Limited (NSE:AURUM) disclosed on July 16, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations, that its Board of Directors approved the acquisition of 100% of the paid-up share capital of Locon Solutions Private Limited, the owner of Housing.com, from REA India Pte Limited, Singapore. The total consideration stands at Rs 4,58,05,87,362, to be discharged entirely through a preferential issue of 1,97,93,309 equity shares to REA. Shareholder approval is required before the transaction is completed.