Propshare Titania SM REIT - IPO (Second Scheme Of The Property Share Investment Trust) has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Directors of PropShare Investment Manager (the Investment Manager to Property Share Investment Trust and PropShare Titania) met on May 29, 2026 and approved several appointments. Ms. Suhani Jain resigned as Company Secretary and KMP effective May 31, 2026, and Ms. Swathi V M was appointed as her replacement effective June 01, 2026. The Board also approved appointing ASA & Associates LLP as Statutory Auditors for 4 years (FY 2026-30) and Kzen Valtech Private Limited as Independent Valuer for 3 years (FY 2026-29), both subject to unitholder approval. These are routine governance changes following standard best practices for REIT management.
This is a routine administrative filing with no material impact on the unitholdings or distributions. The leadership transition in the company secretary role and auditor appointments are standard operational matters that should not affect the stock price or investor returns in the near term.