Brookfield India Real Estate Trust REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Brookfield India REIT held an Extraordinary Meeting of unitholders on August 26, 2025, via video conferencing, to seek approval for a preferential issue of up to 32,258,065 units of the Trust. The resolution was passed with overwhelming support, receiving 433,749,191 votes in favor (99.999%) and only 2,549 votes against (0.0006%), with 1 unitholder's 8,843,362 units treated as invalid. In total, 71.37% of outstanding units participated in the voting, well above the 60% special majority threshold required under SEBI REIT regulations. The result was certified by an independent scrutinizer (Maneesh Gupta, Company Secretary in Practice) and noted by Axis Trustee Services Limited, the Trustee to the REIT.
The approval clears the way for Brookfield India REIT to raise fresh capital via a preferential allotment to selected investors, which can fund acquisitions or reduce debt but may dilute existing unitholders' holdings. The near-unanimous unitholder backing signals strong confidence in the management's growth and capital-raising strategy.