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 announced its Net Asset Value (NAV) at fair value of ₹11,04,784.85 per unit as on September 30, 2025. The NAV is based on the Gross Asset Value derived from the valuation report dated October 17, 2025, issued by KZEN Valtech Private Limited (an IBBI-registered valuer) and signed by Mr. Sachin Gulaty, Director. This disclosure is mandatory under SEBI's Master Circular dated July 11, 2025 for SM REITs. The valuation helps unit holders understand the current worth of each unit they hold in this small and medium REIT scheme.
Existing and prospective unit holders now have a clear benchmark for the fair value of each unit (around ₹11.05 lakh). This quarterly NAV declaration gives transparency on underlying asset values and is essential for tracking performance, though it does not directly trigger any corporate action like buyback or dividend.