Property Share Investment Trust - Propshare Platina has informed the Exchange regarding Notice of Annual General Meeting scheduled to be held on 06/07/2026
Awaiting price reaction for this filing.
PropShare Platina, India's first listed SM REIT scheme, has filed its Second Annual Performance Report for FY26 along with the Notice for its Second Annual Meeting of Unitholders scheduled for July 6, 2026 at 11:00 AM via video conferencing. The scheme manages 246,935 sq ft of Grade A office space in Prestige Tech Platina, Bengaluru, fully leased to US-based 24/7 Customer Private Limited under a 9-year lease. Key FY26 figures: revenue from operations of ₹307.65 million, EBITDA of ₹304.17 million (99% margin), Net Operating Income of ₹297.98 million (97% margin), and Net Distributable Cash Flow of ₹309 million. The scheme delivered a Distribution Per Unit of ₹91,938.01, translating to an 8.76% annualised yield on IPO price. NAV stood at ₹3,845.71 million (₹11,44,216.01 per unit) with 100% occupancy maintained throughout the year. As of March 31, 2026, the scheme had 453 unit holders, 3,361 outstanding units, and a market capitalisation of ₹3,499 million. Unit price ranged between ₹9,70,000 and ₹10,60,000 during the year, closing at ₹10,41,000.
This is primarily a procedural filing (AGM notice plus annual report submission) for retail investors. The underlying FY26 performance confirms steady income generation with full occupancy and an attractive ~8.76% distribution yield, which is positive for unitholders seeking stable yield. No new corporate action or material change is announced, so near-term stock price reaction is likely to be muted.