Brookfield India Real Estate Trust REIT has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q4 FY 2024-25
Awaiting price reaction for this filing.
Brookfield India Real Estate Trust, through its Manager Brookprop Management Services, has filed its quarterly and annual Corporate Governance Compliance Report for the quarter and year ended March 31, 2025, with BSE and NSE. The report details a 6-member board with 3 independent directors (Mr. Shailesh Haribhakti, Ms. Akila Krishnakumar, and Mr. Rajnish Kumar, who was reappointed on March 30, 2025) and 3 non-independent directors including CEO & MD Mr. Alok Aggarwal and Chairman Mr. Ankur Gupta. Five board committees — Audit, Nomination & Remuneration, Risk Management, Stakeholders Relationship, and CSR & Sustainability — are in place with proper composition. Two board meetings were held in Q4 (January 30 and March 26, 2025), with quorum met and all required affirmations confirmed as compliant with SEBI REIT Regulations.
This is a routine regulatory filing confirming governance compliance with SEBI REIT Regulations; it carries no material impact on unit price or unitholder value. It signals that board and committee functioning continued normally through the quarter, with no governance red flags reported.