Aurum Proptech Ltd.

Majesco has informed about a press release dated March 20, 2018 issued by Majesco, USA, (Majesco) the Insurance arm and a subsidiary of Majesco in respect of announcement about InsurTech start-up based in California, selected Majesco Policy for P&C and Majesco Billing on the Majesco CloudInsurer platform to support their launch and growth strategies in a SaaS model. The start-up will write personal lines (Auto, Home, Dwelling Fire and Umbrella) insurance in California through their agent network.

The above information is a part of company’s filings submitted to BSE.