Statement of deviation(s) or variation(s) under Reg. 32
As filed · Aurum PropTech Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
What happened
FactAurum PropTech Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. proceeds, from the objects stated in the Letter of Offer for Rights Issue of the Company dated. For Aurum PropTech Limited.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedAdjusted EBITDA margins expand 1,320 bps and PBT margins expand 1,590 bps
Despite Q1 being the industry's softest quarter, our margins improved by 1,000+ basis points.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
- It gives us strong confidence that over the coming years, our unit economics will continue to strengthen, and (management committed by FY27)
- This final tranche provides us with ample growth capital to expand our verticals and more than double our reve (management committed by H1 FY27)
Evidence
- Aurum PropTech Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%