BSEProperty Share Investment Trust - Propshare PlatinaHighNeutral
Announced Thu, 22 Oct, 2026 · 12:58 IST
PS Platina signs term sheet to sell all assets for about Rs 410 Cr
Price reaction
Awaiting price reaction for this filing.
AI summary
PS Platina, a scheme of Property Share Investment Trust, has signed a non-binding term sheet on Oct 21, 2026 to sell all its assets to an AIF Category-II fund for an Enterprise Value of about Rs 410.13 crore. The sale will be done by transferring the entire share capital and instruments of all SPVs owned by PS Platina. The deal is subject to due diligence, negotiation of definitive agreements, and regulatory approvals, and is not yet a binding commitment.
Likely market impact
If completed, unitholders could see a major cash exit event. Until binding agreements are signed, the deal is not final and terms may change.