BSEPropshare Titania SM REIT - IPO (Second scheme of the Property Share Investment Trust)LowNeutral
Announced Tue, 7 Jul · 11:47 IST
Propshare Titania SM REIT First AGM outcomes: all resolutions passed
Board & Shareholder Meetings View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
First AGM of unitholders held on July 6, 2026 via video conferencing; all 5 resolutions passed, including adoption of FY26 audited financials and ratification of statutory auditors ASA & Associates LLP. FY26 highlights: net distributable cash flow ₹279.88 mn, distribution per unit ₹62,728.77, annualised yield 9%, NAV ₹4,802.68 mn. The scheme's sole asset, a LEED Platinum certified office in Thane, maintained 100% occupancy throughout the year. Trust AUM across 3 SM REIT schemes reached ₹1,071 crore.
Likely market impact
Routine AGM outcome; all resolutions passed with no adverse audit observations. FY26 delivered 9% annualised yield, full occupancy, and healthy distributions to unitholders.