Brookfield India Real Estate Trust has commenced its institutional placement of units with a floor price of ₹329.94 per unit, following approval from the Issue Committee of its manager, Brookprop Management Services Private Limited, on April 16, 2026.

Issue Committee Approvals

The Issue Committee meeting, held through audio-visual electronic communication on April 16, 2026, made several key decisions regarding the institutional placement:

The committee approved the opening of the Issue for receiving bids in accordance with the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, including applicable circulars, notifications, guidelines and clarifications.

Regulatory Framework and Pricing

The floor price of ₹329.94 per unit was determined based on the pricing formula prescribed under SEBI's master circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/99 dated July 11, 2025. This pricing mechanism ensures compliance with regulatory guidelines for REIT institutional placements.

The Brookfield India Real Estate Trust had previously obtained unitholder approval for raising funds through institutional placement(s) of units in one or more placements at a meeting held on April 7, 2026.

Trading Window Restrictions

The REIT has informed that the trading window will remain closed for all designated persons and their relatives until opened by the compliance officer. This restriction is in accordance with:

• SEBI (Prohibition of Insider Trading) Regulations, 2015
• Circulars issued by stock exchanges
• Policy on unpublished price sensitive information and dealing in REIT units

The institutional placement represents a significant fundraising initiative for Brookfield India REIT, conducted through its manager Brookprop Management Services Private Limited, with regulatory compliance maintained throughout the process.

Brookfield India Real Estate Trust conducted its 9th extraordinary meeting of unitholders on April 07, 2026, at 03:30 PM IST through video conferencing to address significant fund raising proposals and corporate governance matters.

Meeting Participation and Voting Results

The virtual meeting saw participation from 11 unitholders representing 16,07,81,032 units, constituting 21.45% of the total units of Brookfield India REIT. All three resolutions presented to unitholders were approved with requisite majority, as confirmed in the voting results announced on April 08, 2026.

Fund Raising Proposals Approved

The primary focus of the meeting centered on two significant fund raising initiatives that received overwhelming unitholder support:

Ecoworld SPV Investment

The first resolution for Rs 1,125 crore fresh issuance of securities by Arliga Ecoworld Business Parks Private Limited (Ecoworld SPV) to funds managed by 360 One WAM was approved with 99.999% votes in favor. This investment is priced at a 3.1% premium to Brookfield India REIT's acquisition price of Ecoworld SPV, excluding the Operating Services Contract component.

Institutional Placement

The second proposal for a Qualified Institutional Placement of up to Rs 4,000 crore by Brookfield India Real Estate Trust was approved with 99.967% votes in favor. Management indicated that the objective of these initiatives is to create dry powder for future growth opportunities, meeting capital commitments, and interim debt reduction.

Detailed Voting Results

The voting process included both remote e-voting (April 04-06, 2026) and e-voting during the meeting, with Mr. Maneesh Gupta serving as scrutinizer:

Leadership and Governance

The meeting was chaired by Mr. Alok Aggarwal, Chief Executive Officer & Managing Director of Brookprop Management Services Private Limited. Other key attendees included directors Mr. Rachit Kothari, Mr. Keki Mistry, and Mr. Rajnish Kumar, along with management team members Mr. Amit Jain (CFO) and Mr. Saurabh Jain (Company Secretary).

The REIT maintained proper corporate governance protocols throughout the process, with all necessary regulatory compliance measures in place under SEBI regulations. The voting results and scrutinizer's report were shared with stock exchanges and made available on the REIT's website within the stipulated timeframe.