Propshare Titania SM REIT - IPO (Second Scheme Of The Property Share Investment Trust) has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for ....
Awaiting price reaction for this filing.
Propshare Titania, a second scheme of the Property Share Investment Trust managed by PropShare Investment Manager Private Limited, submitted its quarterly and annual corporate governance compliance report for Q4 and FY 2025-26. The REIT listed on BSE on August 4, 2025 (Scrip Code: 544462). The board comprises 6 directors with equal split of 3 independent and 3 non-independent directors. All four required committees (Audit, Nomination & Remuneration, Risk Management, and Stakeholders' Relationship) are properly constituted. The board held 4 meetings in Q4 2025-26 (January-March 2026) with quorum met in all cases and independent directors participating. All 28 affirmation items in Part B show 'Yes' for compliance with SEBI REIT Regulations, with only N.A. for items not yet applicable to newly listed entities.
The filing demonstrates full regulatory compliance with SEBI REIT governance requirements, which is positive for investor confidence. The balanced board composition with majority independent directors and functioning committees indicates sound governance practices for this newly listed SM REIT scheme.