The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for PPFAS Mutual Fund
Awaiting price reaction for this filing.
PPFAS Mutual Fund, through its schemes and persons acting in concert, purchased 44,69,070 shares (0.60%) of Brookfield India Real Estate Trust REIT on 4 March 2026 through the open market. This raised PPFAS's holding from 6.86% (5,14,14,518 shares) to 7.46% (5,58,83,588 shares). The acquirer is not part of the promoter or promoter group. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
This is a modest incremental purchase by an institutional domestic mutual fund investor, signalling continued institutional confidence in the REIT. With holding now at 7.46%, PPFAS remains comfortably below the 10% major-shareholder disclosure threshold, so no further trigger obligations arise from this transaction.