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.
Propshare Titania SM REIT has issued a clarification correcting a typographical error in its earlier filing regarding the distribution to unitholders for the quarter ended September 30, 2025. The correct distribution is Rs. 15,159.45 per unit, totaling Rs. 67.64 million, not the previously reported Rs. 22,017.61 per unit (Rs. 74 million). The distribution is split between Rs. 7,980.73 per unit as interest payment and Rs. 7,178.83 per unit as debt repayment. The REIT has filed a revised submission with the corrected figures and asked the exchange to update its records accordingly.
The actual distribution is lower than initially reported, though it is a correction of an error rather than a change in decision. Investors should note the revised per-unit figure for accurate income and debt-repayment tracking, but this does not represent a change in the underlying distribution decision.