Brookfield India Real Estate Trust REIT has informed the Exchange regarding Outcome of Extraordinary General Meeting held on 07/04/2026
Awaiting price reaction for this filing.
Brookfield India REIT unitholders approved all resolutions at the EGM held on April 7, 2026. The meeting saw participation from 11 unitholders representing 80,809 total unitholders as of the March 31, 2026 cut-off date. Three resolutions were passed: (1) Raising funds by the Arliga EcoWorld Business Parks SPV from a third-party investor (approved with 99.999% in favour), (2) Raising up to Rs. 40,000 million (Rs. 4,000 crore) through institutional placement of units (approved with 98.642% in favour on 79.24% turnout), and (3) Approval of fees for statutory auditors Deloitte Haskins and Sells. The resolutions were passed with overwhelming majority across sponsor, public institutional, and public non-institutional unitholder categories.
The Rs. 4,000 crore institutional placement authorization provides significant fundraising headroom for future growth, though it will result in unit dilution for existing unitholders. The SPV funding approval indicates potential expansion in the business parks portfolio.