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.

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.