Brookfield India Real Estate Trust REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Brookfield India REIT's Issue Committee approved the closure of its institutional placement on April 21, 2026. The issue price was fixed at ₹323 per unit, representing a discount of ₹6.94 (2.10%) to the regulatory floor price of ₹329.94 per unit. The committee also approved the placement document and finalized allocation confirmations for eligible institutional investors. This marks the completion of a capital raise through the institutional placement route as per SEBI guidelines.
Existing unit holders will face dilution as new units are issued to institutional investors. The 2.10% discount to floor price indicates competitive institutional demand. The capital raised strengthens the REIT's balance sheet for potential acquisitions or debt reduction.