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 allotted 2,00,000 Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹2,000 crore, on a private placement basis. The actual consideration received was ₹1,996.92 crore, reflecting a small discount of ₹3.08 crore. The NCDs carry a coupon rate of 7.06% per annum, payable quarterly, with a tenure of about 5 years (1824 days) maturing on December 20, 2030. The NCDs are sustainability-linked, secured, and proposed to be listed on the wholesale debt market (WDM) segment of BSE. The issue price was discovered through BSE's electronic book-building platform on December 18, 2025.
This is a routine debt-raising move to fund the REIT's operations or refinance existing debt at a competitive 7.06% rate. It expands the trust's leverage but is not dilutive for unitholders since these are non-convertible debt instruments, not equity.