Brookfield India Real Estate Trust has secured top-tier credit ratings from CRISIL Ratings Limited for its debt instruments, reinforcing the trust's strong financial position in the real estate investment market. The ratings were disclosed to BSE Limited and National Stock Exchange of India Limited on December 10, 2025.

CRISIL Rating Assignments

CRISIL Ratings Limited has assigned and reaffirmed multiple ratings for Brookfield India Real Estate Trust's debt instruments. The rating agency conducted its assessment on December 9, 2025, covering various financial instruments across different categories.

Rating Significance and Implications

The CRISIL AAA/Stable rating represents the highest degree of safety regarding timely servicing of financial obligations. Securities with this rating are considered to carry the lowest credit risk, making them attractive to institutional and retail investors seeking secure investment options.

For the commercial paper program, the CRISIL A1+ rating indicates a very strong degree of safety regarding timely payment of financial obligations. The commercial paper rating remains valid for 60 calendar days from the date of the letter for issuance purposes.

Regulatory Compliance and Surveillance

The rating disclosure was made pursuant to Regulation 23(5)(d) of SEBI (Real Estate Investment Trusts) Regulations, 2014. CRISIL Ratings will maintain continuous surveillance of all assigned ratings throughout the life of the instruments, with the authority to withdraw or revise ratings based on new information or changing circumstances.

Market Position and Outlook

The stable outlook assigned across all ratings reflects CRISIL's assessment of Brookfield India Real Estate Trust's consistent financial performance and market position. The trust operates under the management of Brookprop Management Services Private Limited, with its registered office located in Mumbai's Bandra-Kurla Complex.

The rating letters were signed by Snehil Shukla, Associate Director, and Nivedita Shibu, Director at CRISIL Ratings, confirming the agency's thorough evaluation process. These ratings provide investors with independent assessment of the trust's creditworthiness and ability to meet its financial obligations.

Brookfield India Real Estate Trust has successfully completed its institutional placement, allotting 10,93,75,000 units to institutional investors at ₹320 per unit. This price represents a 2.24% discount to the previously announced floor price of ₹327.33.

Key Highlights

• Units Allotted: 10,93,75,000
• Allotment Price: ₹320 per unit
• Discount to Floor Price: 2.24%
• New Total Units Outstanding: 74,93,85,513

Placement Details

The Issue Committee of Brookfield India REIT approved the allotment of units to institutional investors. This placement follows the approval received from unitholders during a meeting held earlier. The successful completion of this institutional placement has increased the total number of units issued and outstanding to 74,93,85,513.

Trading Window Closure

As previously announced, the REIT has kept the trading window closed for designated persons and their relatives. This closure will continue until either:

1. 48 hours after the announcement of unit allotment in the Issue, or
2. The compliance officer approves the reopening of the window, whichever is later.

This measure remains in line with the Securities and Exchange Board of India (SEBI) regulations on insider trading.

Financial Implications

While specific details about the use of funds raised through this placement are not provided, such capital raises typically allow REITs to:

• Acquire new properties
• Reduce existing debt
• Fund ongoing projects or expansions

Investors and market analysts will likely be keen to see how Brookfield India REIT utilizes this additional capital to drive growth and enhance unitholder value.

Market Response

The successful placement at a slight discount to the floor price may indicate investor interest in Brookfield India REIT. However, the market's full response to this development will become clearer in the coming trading sessions.

Investors are advised to conduct their own research and consider their financial goals before making investment decisions based on this corporate action.