Brookfield India Real Estate Trust announced major leadership changes and financial approvals following its board meeting held on March 31, 2026. The board of directors of Brookprop Management Services Private Limited, the manager of Brookfield India REIT, approved several key decisions that will shape the organization's future direction.

Leadership Transition and New CEO Appointment

The most significant development involves the appointment of Shashank Jain as the new Chief Executive Officer and Managing Director, effective July 1, 2026. This appointment comes as Alok Aggarwal prepares to retire from his role as CEO and Managing Director on June 30, 2026.

Shashank Jain brings extensive experience from PwC India, where he currently serves as Co-Head of Deals Practice and previously led the Transaction Services Practice within Deals. His professional background spans over 20 years in the real estate sector, with involvement in significant transactions across various asset classes. He is a member of the Institute of Chartered Accountants of India and holds a Diploma in Business Finance from the Institute of Chartered Financial Analysts of India.

Outgoing CEO's Legacy

Alok Aggarwal, who has been with Brookfield India REIT since its inception, will conclude his tenure after leading the organization through its foundational years. His retirement marks the end of an era for the REIT, having driven strategic direction and operational excellence across the portfolio while serving as Chairman of the Indian REITs Association.

Additional Key Personnel Appointments

The board also approved the designation of two senior executives as additional key personnel under SEBI regulations:

Charu Thapar - Executive Vice President, Operations:

• Part of Brookfield group since 2025
• Over 30 years of experience in real estate
• 25 years in asset and property management across India and Asia Pacific
• Previously managed over 650 million square feet portfolio at JLL
• Alumnus of Institute of Hotel Management, PUSA, New Delhi

Gaurav Bhatia - Executive Vice President, Leasing:

• Part of Brookfield group since 2020
• Over 20 years of experience in real estate leasing and advisory
• Previous experience with CBRE, JLL, and IWG plc
• MBA from NTU, Singapore, and Harvard Business School programs

Commercial Paper Issuance Approval

In addition to the leadership changes, the board approved a significant financial initiative involving the issuance of commercial papers.

This commercial paper issuance aligns with various regulatory guidelines including SEBI circulars, RBI directions, and SEBI regulations governing Real Estate Investment Trusts and non-convertible securities.

Strategic Positioning

These developments position Brookfield India REIT for its next phase of growth under new leadership while maintaining its status as India's only 100% institutionally managed pan-India office REIT. The organization manages 11 Grade A assets across key gateway markets including Delhi, Mumbai, Bengaluru, Gurugram, Noida, and Kolkata, with a total leasable area of 37 million square feet.

Brookfield India Real Estate Trust has notified stock exchanges about institutional investor meetings held to discuss its quarterly performance and business updates. The meetings were conducted as part of regular investor engagement activities under regulatory compliance requirements.

Investor Meeting Details

Brookprop Management Services Private Limited, serving as the manager of Brookfield India Real Estate Trust , organized meetings with various institutional investors on two separate dates. The sessions were specifically focused on presenting business and financial updates for the reporting period.

Regulatory Compliance

The REIT filed the disclosure with both major Indian stock exchanges on March 27, 2026, under Regulation 30 requirements. The communication was addressed to the Corporate Relations Departments of BSE Limited and National Stock Exchange of India Limited, ensuring transparency in investor engagement activities.

Exchange Filing Information

The notification included comprehensive exchange details for tracking purposes:

Management Structure

Saurabh Jain, serving as Company Secretary & Compliance Officer, signed the regulatory filing on behalf of Brookprop Management Services Private Limited. The document was digitally signed on March 27, 2026, at 15:56:55 +05'30', demonstrating adherence to digital compliance protocols.

The disclosure also copied relevant trustee entities including Axis Trustee Services Limited and IDBI Trusteeship Service Limited, maintaining transparency across all stakeholder relationships. These institutional investor meetings represent standard practice for REITs to maintain regular communication with their investor base regarding operational and financial performance.