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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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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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/