Aurum PropTech Approves ₹112 Crore Asset Sale in Navi Mumbai; Shares Surge 7.53%
Mumbai, March 12: Aurum PropTech Limited has approved the sale of two industrial buildings in Navi Mumbai for a consideration of approximately ₹112 crore. The decision was made during a Board meeting held on Thursday, as disclosed in an exchange filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board authorized the disposal of Buildings Q5 and Q6, located at Millennium Business Park, MIDC Mahape, Navi Mumbai. The immovable property measures approximately 125,893 square feet and represents a non-core asset within the company’s portfolio.
According to the regulatory filing, the buyer for the transaction is Deepman Infra Private Limited. The agreement for sale is expected to be executed within 90 days from the Board meeting held on March 12, 2026. The disposal is expected to be completed on or before June 30, 2026, subject to customary approvals and the execution of transaction documentation.
The agreed sale consideration is approximately ₹112 crore. The company disclosed that the property has a book value of around ₹27 crore as per the audited financial statements for FY 2024-25. The asset contributes approximately 33 percent of the company’s turnover or revenue and represents nearly 8 percent of the net worth of the company.
The filing further clarified that the transaction does not fall within the ambit of a related party transaction and is outside any Scheme of Arrangement. The shareholders of the company had earlier approved the transaction through a special resolution passed on September 23, 2025, in compliance with Regulation 37A of the SEBI (LODR) Regulations, 2015.
Share Price Movement On March 12, 2026
The share price of Aurum PropTech Limited moved higher during the trading session on March 12, 2026, following the disclosure of the asset monetization plan. The stock closed at ₹177.50, rising ₹12.43 or 7.53 percent compared with the previous close of ₹165.07, according to exchange data.
During the session, the stock traded between an intraday low of ₹161.90 and a high of ₹180.99. The market capitalization of the company stood near ₹1.96K crore. The positive movement in the share price came as investors responded to the company’s plan to monetize non-core real estate assets and strengthen its balance sheet through cash realization.
Company Background
Aurum PropTech Limited is listed on BSE Limited under scrip code 539289 and on the National Stock Exchange of India Limited under the symbol AURUM. The company operates a technology-driven real estate platform ecosystem focused on rental housing, property distribution, data analytics, and digital real estate infrastructure.
Its platform portfolio includes NestAway Technologies, Aurum Analytica, Sell.do, and PropTiger.com. These platforms operate across tenant acquisition, property discovery, analytics, and digital sales infrastructure for the real estate sector. According to the company’s media release issued on March 12, 2026, the proceeds from the asset sale will support its strategic focus on artificial intelligence-led PropTech capabilities and digital real estate platforms.
Conclusion
The disposal of the Navi Mumbai industrial buildings forms part of Aurum PropTech’s strategy to monetize non-core assets while reallocating capital toward its technology-driven real estate ecosystem. If completed within the expected timeline before June 30, 2026, the transaction could enhance liquidity, improve profitability metrics, and strengthen the company’s balance sheet through the realization of value from legacy physical assets.
