Aurum PropTech logo

Aurum PropTech MD, chairman, board of directors and AGM

NSE: AURUMBSE: 539289IT - ServicesSmall Cap

Formerly Majesco
Last close ₹213.86up ₹1.17 (0.55%)BSE ₹213.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹212.69.

52-week range of traded prices to 23 Oct 2026
₹151.90Low, 30 Mar 2026₹268.38High, 16 Oct 2026
Market cap
₹2,065 Cr1,329th largest listed
P/E
29.5
P/E without one-offs
181.0
P/B
2.0
Dividend yield
Nonein the last 12 months
ROE
9.3%
ROE without one-offs
1.5%
ROCE
1.0%
Debt to equity
0.00
Volume, NSE
3,04,89457.1% delivered

Aurum PropTech board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonAshish Pradeep Deora
  • Company Secretary and Compliance OfficerMs. Pranali Desale

8 directors5 independent1 executive2 non-executive

  • Vasant Vitthaldas GujarathiIndependent · joined Mar 2020 · reappointed Sep 2024 · 75 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Ajit Ravindra JoshiIndependent · joined Jul 2021 · reappointed Jun 2026 · 59 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Padma Samir DeosthaliIndependent · joined Jul 2021 · reappointed Sep 2021 · 59 months as independent · 1 listed board · 1 as independent
  • Ashim Ashitbaran DesaiIndependent · joined Apr 2026 · reappointed Apr 2026 · 2 months as independent · 1 listed board · 1 as independent
  • Lakshmi Naga JyothiIndependent · joined Apr 2026 · reappointed Apr 2026 · 2 months as independent · 1 listed board · 1 as independent
  • Ramashrya Ramjag YadavNon-executive · joined Jul 2021 · reappointed Sep 2021 · 59 months as independent · 1 listed board · 1 committee seat, 1 as chair
  • Ashish Pradeep Deora · ChairpersonNon-executive · joined Apr 2025 · reappointed Jun 2025 · 14 months as independent · 2 listed boards · 1 committee seat
  • Onkar Sunil ShetyeExecutive · joined May 2021 · reappointed Mar 2024 · 61 months as independent · 1 listed board · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Srirang Athalye, left 31 Jul 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 23 Apr 20265 of 6 present2 independent · 41 days in between
    • 12 Mar 20265 of 6 present3 independent · 51 days in between
    • 19 Jan 20266 of 6 present3 independent

  • Audit Committee

    Chair Vasant Vitthaldas Gujarathi

    Ajit Ravindra Joshi, Onkar Sunil Shetye

    • 23 Apr 20263 of 3 present2 independent · 93 days in between
    • 19 Jan 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Ajit Ravindra Joshi

    Vasant Vitthaldas Gujarathi, Ashish Pradeep Deora

    • 23 Apr 20263 of 3 present2 independent · 81 days in between
    • 31 Jan 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Ramashrya Ramjag Yadav

    Ajit Ravindra Joshi, Onkar Sunil Shetye

    • 22 Apr 20262 of 3 present1 independent

  • Risk Management Committee

    Chair Ajit Ravindra Joshi

    Vasant Vitthaldas Gujarathi, Onkar Sunil Shetye

    • 22 Apr 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Vasant Vitthaldas Gujarathi

    Padma Samir Deosthali, Ramashrya Ramjag Yadav

    • 22 Apr 20262 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Kirtane & Pandit LLPPeer-review certificate valid to Dec 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Aurum PropTech AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Aurum PropTech dividend history

Annual general meeting, 18 Sep 2026

57,525 shareholders on the register on 11 Sep 2026; present: 1 promoter and 79 others; votes counted by Ainesh Jethwa / Ainesh Jethwa and Associates.The company's voting result (opens in a new tab)

  1. To consider, approve and adopt the audited financial statements of the Company (Standalone and Consolidated) for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 50.14% · promoters 100.00% · institutions 15.02% · other public 4.29%

  2. To re-appoint Mr. Onkar Shetye (DIN: 06372831), Executive Whole-Time Director, who retires by rotation as a Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 50.14% · promoters 100.00% · institutions 15.02% · other public 4.29%

  3. To approve the payment of remuneration to Non-Executive Directors of the Company, in case of absence or inadequacy of profits.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.75%

    Turnout: all 50.14% · promoters 100.00% · institutions 15.02% · other public 4.29%

  4. To approve the variation in the objects of the rights issue
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 50.14% · promoters 100.00% · institutions 15.02% · other public 4.29%

  5. To approve the Material Related Party Transactions of the Company
    Ordinary
    99.95% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 2.13% · promoters 0.00% · institutions 15.02% · other public 4.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 14 Aug 2026, 4 resolutions

58,054 shareholders on the register on 7 Aug 2026; present: 1 promoter and 60 others; votes counted by Ainesh Jethwa / Ainesh Jethwa and Associates.The company's voting result (opens in a new tab)

  1. Approval for Loans, Investments, Guarantees or Securities in excess of the prescribed limits under Section 186 of the Companies Act, 2013.
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 96.99% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  2. Approval for the acquisition of 100% stake in Locon Solutions Private Limited by way of Preferential Issue of equity shares of the Company on a private placement basis.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  3. Approval of the preferential issue of fully convertible warrants on a private placement basis to Aurum RealEstate Developers Limited, Promoter of the Company.
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 16.60% · promoters 0.00% · institutions 100.00% · other public 100.00%

  4. Approval for the Alteration of the Articles of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Jun 2026, 4 resolutions

57,543 shareholders on the register on 8 May 2026; votes counted by Ainesh Jethwa / Ainesh Jethwa & Associates.The company's voting result (opens in a new tab)

  1. To approve the re-appointment of Mr. Ajit Joshi (DIN: 08108620) as an Independent Director of the Company
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 56.76% · promoters 100.00% · institutions 0.33% · other public 17.82%

  2. To approve the appointment of Mr. Ashim Ashitbaran Desai (DIN: 06739440) as a Non-Executive Independent Director of the Company.
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.23%

    Turnout: all 56.69% · promoters 100.00% · institutions 0.33% · other public 17.70%

  3. To approve the appointment of Mrs. Lakshmi Nagajyothi Potluri Ashok Kumar (DIN: 07382768) as a Non-Executive Independent Director of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 56.76% · promoters 100.00% · institutions 0.33% · other public 17.82%

  4. To approve the Material Related Party Transactions of the Company.
    OrdinaryPromoters have an interest in it
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.28%

    Turnout: all 9.04% · promoters 0.00% · institutions 0.33% · other public 17.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 23 Sep 2025, 6 resolutions

60,952 shareholders on the register on 15 Sep 2025; present: 1 promoter and 82 others; votes counted by Aineshkumar Jethwa / Ainesh Jethwa & Associates.The company's voting result (opens in a new tab)

  1. To consider, approve and adopt (a) the audited standalone financial statement of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2025 and the report of Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 58.44% · promoters 100.00% · institutions 0.14% · other public 17.34%

  2. To appoint Mr. Ramashrya Yadav (DIN: 00145051), Non-Executive Director, who retires by rotation, and being eligible, offers himself for re-appointment as a director.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 58.44% · promoters 100.00% · institutions 0.14% · other public 17.34%

  3. Re-appointment of M/s. Kirtane & Pandit LLP (FRN: 105215W/W100057), Chartered Accountants, as Statutory Auditors of the Company
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 58.44% · promoters 100.00% · institutions 0.14% · other public 17.34%

  4. Appointment of Secretarial Auditors of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 58.44% · promoters 100.00% · institutions 0.14% · other public 17.34%

  5. Approval of the Material Related Party Transaction(s) of the Company
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.05%

    Turnout: all 8.22% · promoters 0.00% · institutions 0.14% · other public 16.50%

  6. Approval for proposed sale of buildings assets of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.07%

    Turnout: all 58.38% · promoters 100.00% · institutions 0.14% · other public 17.23%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 21 Aug 2025, 2 resolutions

61,129 shareholders on the register on 13 Aug 2025; present: 1 promoter and 60 others; votes counted by Aineshkumar Jethwa / Ainesh Jethwa & Associates.The company's voting result (opens in a new tab)

  1. To consider and approve the acquisition of 100% stake in PropTiger Marketing Services Private Limited by way of Preferential Issue of equity shares of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.10%

    Turnout: all 52.69% · promoters 100.00% · institutions 0.14% · other public 5.79%

  2. To approve the variation in the objects of the rights issue
    SpecialPromoters have an interest in it
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 2.42% · promoters 0.00% · institutions 0.14% · other public 4.88%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 7 Jun 2025, 5 resolutions

61,974 shareholders on the register on 2 May 2025; votes counted by Aineshkumar Jethwa / Ainesh Jethwa & Associates.The company's voting result (opens in a new tab)

  1. Raising of funds by way of issue of securities including but not limited to Equity Shares and/or any other securities convertible into or exchangeable with Equity Shares and / or Non-Convertible Debentures with or without warrants through Rights Issue/ Further Public Offer/ Qualified Institutions Placement (QIP) / Preferential Issue or through any other permissible mode or a combination thereof, as may be permitted under applicable laws, subject to approval of the members of the Company, if required and other appropriate approvals for a limit not exceeding to Rs. 600 Crore (Rupees Six Hundred Crore Only).MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.07%

    Turnout: all 56.65% · promoters 100.00% · institutions 0.13% · other public 13.59%

  2. To approve capital raising by way of issuance of equity shares and/or equity linked securities by way of Qualified Institutions Placement (“QIP”) upto Rs. 300 Crore out of the total fund-raising limits not exceeding Rs. 600 Crores as set out in Item No.1 of this Notice.MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.08%

    Turnout: all 56.65% · promoters 100.00% · institutions 0.13% · other public 13.59%

  3. To approve the variation in the Objects of the rights issue
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 56.48% · promoters 100.00% · institutions 0.13% · other public 13.25%

  4. Appointment of Mr. Ashish Deora as a Non-Executive, Non-Independent Director.
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 6.59% · promoters 0.00% · institutions 0.13% · other public 13.25%

  5. To approve the Material Related Party Transactions transaction(s) of the Company
    OrdinaryPromoters have an interest in it
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.36%

    Turnout: all 6.59% · promoters 0.00% · institutions 0.13% · other public 13.25%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 19 Oct 2024, 1 resolution

Present: 1 promoter and 34 others.The company's voting result (opens in a new tab)

  1. Appointment of M/s. Kirtane & Pandit LLP, Chartered Accountants (FRN:105215W/W100057) as the Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 51.28% · promoters 100.00% · institutions 0.13% · other public 2.67%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2024, 9 resolutions

Present: 1 promoter and 57 others.The company's voting result (opens in a new tab)

  1. To consider, approve and adopt the audited financial statements of the Company (Consolidated and Standalone) for the financial year ended March 31, 2024 together with Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 51.16% · promoters 100.00% · institutions 0.13% · other public 2.43%

  2. To appoint Mr. Onkar Shetye (DIN: 06372831), Executive Whole-time Director, who retires by rotation as a Director.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 51.16% · promoters 100.00% · institutions 0.13% · other public 2.43%

  3. Re-appointment of M/s. M S K A & Associates (FRN: 105047W), Chartered Accountants, as the Statutory Auditors of the Company.
    Ordinary
    0.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%

  4. Re-appointment of Mr. Vasant Gujarathi (DIN: 06863505) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 51.16% · promoters 100.00% · institutions 0.13% · other public 2.43%

  5. Approve the variation in estimated amount of objects of rights issue proceeds.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.85%

    Turnout: all 51.16% · promoters 100.00% · institutions 0.13% · other public 2.43%

  6. Approve the borrowing limits in excess of the Paid-up Share Capital, Free Reserves and Securities Premium of the Company pursuant to 180(1)(c) of the Companies Act, 2013.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 100.00% · other public 2.02%

    Turnout: all 51.16% · promoters 100.00% · institutions 0.13% · other public 2.43%

  7. Approval in respect to waiver of excess managerial remuneration of Mr. Onkar Shetye (DIN: 06372831), Executive Whole Time Director and waiver of excess remuneration of Mr. Srirang Athalye (DIN: 02546964), pursuant to exercise of stock options.MoreLess
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.90%

    Turnout: all 51.16% · promoters 100.00% · institutions 0.13% · other public 2.43%

  8. To approve revision of remuneration to Executive and Non-Executive Directors of the Company by way of exercise of stock options.
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 100.00% · other public 1.75%

    Turnout: all 51.16% · promoters 100.00% · institutions 0.13% · other public 2.43%

  9. Approve the Material Related Party Transactions transaction(s) proposed to be entered into by the Company during the financial year 2024-25.
    OrdinaryPromoters have an interest in it
    99.07% for0.93% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.88%

    Turnout: all 1.21% · promoters 0.00% · institutions 0.13% · other public 2.43%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Jun 2026.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Sep 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states and its own uses differ by fifty times or more, a figure typed at the wrong scale.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Rights IssuesMay 2022, checked by CARE RATINGS LIMITED–Product Development––No
Rights IssuesMay 2022, checked by CARE RATINGS LIMITED–Product Marketing––No
Rights IssuesMay 2022, checked by CARE RATINGS LIMITED–Identified Investments––No
Rights IssuesMay 2022, checked by CARE RATINGS LIMITED–Funding Inorganic growth initiatives and general corporate purposes (GCP)––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.