Brookfield India REIT SPV proposes scheme to set-off book losses

Brookfield India REIT's wholly-owned SPV Seaview Developers' board has approved a Scheme of Arrangement under Section 230 of the Companies Act to set-off accumulated book losses as of June 30, 2026. The scheme, to be filed with NCLT, does not affect Brookfield India REIT's interest in Seaview or its economic value, and aims to improve distribution efficiency.