BSEGeneral22 Oct 2026 · 22 Oct 2026, 12:58 pm
Property Share Investment Trust - Propshare Platina has informed the Exchange regarding Disclosure of material issue
Property Share Investment Trust - Propshare Platina · 544295
✦ AI SummaryDivestiture
Property Share Investment Trust - Propshare Platina has informed the Exchange regarding the execution of a non-binding term sheet for the sale of its assets held under PS Platina for an Enterprise Value of approximately Rs 410.13 Cr.
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Property Share Investment Trust - Propshare Platina - 544295 - Reg 23(5)(i): Disclosure of material issue
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October 22, 2026
The Corporate Relations Department
Department of Corporate Services,
BSE Limited,
25th Floor, Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400001
Reference: Script Symbol “PSPlatina”; Scrip Code- 544295;
Subject: Intimation of execution of non-binding term sheet for the sale of the assets held under PS
Platina
Dear Sir / Madam,
We wish to inform you that the Investment Manager at its Board Meeting held on July 13, 2026 had
undertaken an evaluation of the proposed sale of all the assets held under PS Platina and had authorised
the relevant officials to undertake the evaluation process and engage with prospective buyers. This was
duly disclosed to the exchange on July 13, 2026.
In furtherance of the above, the PS Platina (represented by PropShare Investment Manager Private
Limited) has entered into a non-binding term sheet on October 21, 2026 with the Investment Manager
of an Alternative Investment Fund (Category-II) (either directly or indirectly or through one of the
investment vehicles managed by it) for the proposed sale of all the assets held under PS Platina for an
Enterprise Value of approximately Rs 410.13 Cr by way of transfer of the entire share capital and all
other instruments of all the SPVs owned by PS Platina. The Enterprise Value will be subject to
customary and identified adjustments (if any) on the closing date for working capital items or other
items post which the Net Consideration (subject to applicable taxes) will be realized, if and upon
successful consummation of the above-mentioned transaction.
The transaction is subject to, inter alia, completion of due diligence, negotiation and execution of
definitive agreements, receipt of applicable approvals and fulfilment of such other conditions as may be
mutually agreed between the parties.
The execution of the non-binding term sheet does not, in itself, constitute a binding commitment to
consummate the proposed sale, and the transaction shall be subject to the terms and conditions of the
definitive agreements, if and when executed.
You are requested to kindly take the above information on record.
Thanking you,
For and on behalf of PropShare Platina,
first scheme of Property Share Investment Trust, acting through its Investment Manager,
PropShare Investment Manager Private Limited
Prashant Kataria
Compliance Officer
Acting through its Investment Manager- PropShare Investment Manager Private Limited
Reg Off: 10th Floor, SKAV Seethalakshmi, 21/22, Kasturba Road Bengaluru 560001;
CIN: U66309KA2024PTC186944; Email ID: smreit.manager@psreit.in;
Phone No: 080-31003901 Website: https://www.psreit.in/