Brookfield India Real Estate Trust REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Brookfield India REIT has submitted its Annual Secretarial Compliance Report for FY2026 under SEBI REIT Regulations. The Practicing Company Secretary certified that the Manager has complied with all applicable regulations with no material deviations found. However, the report discloses that SEBI issued an Advisory to the Manager on March 24, 2026, directing it to maintain proper documentary evidence of prior consultation with the Trustee (Axis Trustee Services Limited) before appointing service providers. The Manager responded on April 13, 2026, confirming existing practices and committing to stronger internal controls. Additionally, a prior show-cause notice dated June 11, 2024 (related to disclosure requirements under Regulation 7(d) of REIT Regulations) was settled via a SEBI order on September 1, 2025. The Trustee (Axis Trustee) has disclosed multiple SEBI/IFSCA actions (warnings, advisories, deficiency letters) but confirmed corrective steps have been taken.
No material compliance breach was found. The SEBI advisory is administrative in nature and the Manager has already committed to improved processes. The settlement of a prior show-cause notice and strong documentation controls going forward are positive for investor confidence.