Aurum PropTech Limited allots 4,29,44,533 equity shares

The Rights Issue Committee of the Board of Aurum PropTech Limited at its meeting held on May 17, 2022 considered and approved the allotment of 4,29,44,533 equity shares of face value of ₹ 5 each of the Company, aggregating ₹ 34,355.63 lakhs on a rights issue basis at a price of ₹ 80 per rights equity share (including a premium of ₹ 75 per rights equity share) (wherein the applicants are required to pay ₹ 20 per rights equity share on the application out of which ₹ 1.25 of the application money will be adjusted towards the face value of the rights equity share and ₹ 18.75 will be adjusted towards the share premium account per rights equity share, and the remaining ₹ 60 per rights equity share will be payable on calls, as determined by the Rights Issue Committee) to the successful applicants according to the basis of allotment finalised by the BSE, being the designated stock exchange.

Shares of Aurum PropTech Limited was last trading in BSE at Rs. 89.95 as compared to the previous close of Rs. 87.40. The total number of shares traded during the day was 5331 in over 98 trades.

The stock hit an intraday high of Rs. 91.50 and intraday low of 87.40. The net turnover during the day was Rs. 479826.00.

Source : Equity Bulls

Keywords

AurumPropTech INE898S01029 RealEstate Technology RightsIssue SharesAllotment