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 filed its quarterly utilization report for four fundraisings covering the quarter ending March 31, 2026. The QIP-2023 raised Rs. 23,054 million primarily for acquiring Kairos Properties and Candor Gurgaon One Realty, with Rs. 21,897 million deployed. QIP-2024 raised Rs. 35,000 million for debt prepayment with Rs. 31,991 million utilized. QIP-2025 raised Rs. 35,000 million for the Ecoworld Acquisition (Arliga Ecoworld Business Parks) with Rs. 33,000 million fully deployed. The Preferential Issue 2025 raised Rs. 10,000 million for acquiring economic interest in real estate asset companies, with the full amount utilized. No deviations or variations in fund utilization were reported for any of the four issuances.
All four fundraisings are being utilized as intended without any deviation. The full deployment of QIP-2025 funds for the Ecoworld acquisition indicates successful execution of the acquisition strategy. Shareholders can note that funds are being deployed according to disclosed objectives.