Brookfield India REIT Schedules Board Meeting on March 12, 2026 for Fund Raising Consideration

1 min read     Updated on 09 Mar 2026, 11:28 PM
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Overview

Brookfield India Real Estate Trust has scheduled a Board of Directors meeting for March 12, 2026, to consider fund raising through institutional placement of units. The meeting will be conducted by manager Brookprop Management Services Private Limited and will also address issuing notices to unitholders for approval as required. A trading window closure is in effect for designated individuals until 48 hours after the meeting outcome announcement.

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*this image is generated using AI for illustrative purposes only.

Brookfield India Real Estate Trust has formally notified stock exchanges about an upcoming Board of Directors meeting scheduled for March 12, 2026, to consider significant fund raising proposals through institutional placement mechanisms.

Meeting Agenda and Purpose

The board meeting will be conducted by Brookprop Management Services Private Limited, acting as the manager for Brookfield India Real Estate Trust . The primary agenda focuses on fund raising activities through institutional placement of units and other permissible modes under applicable law.

Meeting Details: Information
Date: March 12, 2026
Conducted by: Brookprop Management Services Private Limited
Primary Purpose: Fund raising consideration
Method: Institutional placement of units

Regulatory Compliance and Trading Window

In compliance with regulatory requirements, the company has implemented a trading window closure effective immediately. This restriction applies to all designated individuals and their immediate relatives, ensuring adherence to insider trading regulations during the decision-making period.

The trading window will remain closed until the expiry of 48 hours post announcement of the meeting outcome or until the compliance officer reopens the window, whichever occurs later. This measure ensures transparency and prevents any potential misuse of material information.

Unitholder Approval Process

The board will also consider issuing formal notices to unitholders for approval of the proposed fund raise, as applicable under current regulations. This step ensures that all stakeholders are properly informed and have the opportunity to participate in the decision-making process regarding the trust's capital structure.

Corporate Structure and Management

Brookprop Management Services Private Limited serves as the designated manager for Brookfield India REIT, with Saurabh Jain functioning as Company Secretary and Compliance Officer. The trust operates under the oversight of Axis Trustee Services Limited and IDBI Trusteeship Service Limited for debenture-related matters.

The announcement, dated March 9, 2026, was communicated to both BSE Limited and National Stock Exchange of India Limited, ensuring comprehensive market notification of the upcoming corporate action.

PPFAS Mutual Fund Increases Stake in Brookfield India REIT to 7.46%

1 min read     Updated on 07 Mar 2026, 08:04 PM
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Reviewed by
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Overview

PPFAS Asset Management Private Limited disclosed acquisition of 44,69,070 shares (0.60%) in Brookfield India Real Estate Trust through open market transactions on March 04, 2026. The acquisition increased PPFAS Mutual Fund's total holding from 6.86% to 7.46%, representing 5,58,83,588 shares. The disclosure was made under SEBI Takeover Regulations, with the REIT maintaining its equity capital at Rs. 74,93,85,513.

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*this image is generated using AI for illustrative purposes only.

PPFAS Asset Management Private Limited has disclosed a substantial acquisition of shares in brookfield india real estate trust under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was made through PPFAS Mutual Fund schemes on March 04, 2026.

Transaction Details

The mutual fund acquired 44,69,070 shares through open market transactions, representing 0.60% of the total share capital. This strategic acquisition demonstrates PPFAS Mutual Fund's continued confidence in the real estate investment trust sector.

Parameter: Details
Shares Acquired: 44,69,070
Acquisition Percentage: 0.60%
Transaction Mode: Open Market
Transaction Date: March 04, 2026

Shareholding Position

Following the acquisition, PPFAS Mutual Fund's total shareholding in Brookfield India Real Estate Trust has increased significantly. The fund now holds a substantial stake in the REIT, reflecting its investment strategy in the real estate sector.

Holding Period: Number of Shares Percentage (%)
Before Acquisition: 5,14,14,518 6.86%
Shares Acquired: 44,69,070 0.60%
After Acquisition: 5,58,83,588 7.46%

Company Information

Brookfield India Real Estate Trust maintains its equity share capital at Rs. 74,93,85,513, consisting of 74,93,85,513 shares with a face value of Re. 1 per share. The REIT's shares are listed on both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited.

Regulatory Compliance

The disclosure was made by Ms. Priya Hariani, Chief Compliance Officer and Company Secretary of PPFAS Asset Management Private Limited, in accordance with regulatory requirements. PPFAS Mutual Fund operates through its schemes and does not belong to the promoter or promoter group of Brookfield India Real Estate Trust. The acquisition represents a strategic investment decision by the mutual fund in the real estate investment trust sector.

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