REA India lifts Aurum PropTech stake to 24.49% via share swap
What's the deal? REA India acquired an additional 18.94% stake in Aurum PropTechDealroom has a profile for this one. Try Dealroom → through a share swap completed on September 29, 2026. The move lifted REA's total holding from 5.55% to 24.49%, making it a significant minority shareholder. The deal value was undisclosed.
How it works: The transaction involved 19,793,309 equity shares with a face value of US$0.07 each, issued via preferential allotment for consideration other than cash. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
By the numbers: The share swap raised Aurum's paid-up equity capital from US$5.19M to US$6.53M. On a fully diluted basis, total share capital now stands at US$6.66M.
What's the endgame? REA India, a unit of REA Group, is deepening its exposure to Aurum PropTech, an India-based property technology firm. REA India is not part of the promoter or promoter group, leaving open questions about future board representation or governance influence at the near-quarter stake.
The signal: The deal reflects REA Group's expanding bet on India's property technology market, using equity rather than cash to build a position short of outright control.
Read more: scanx.trade
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