BSEGeneral2 Nov 2026 · 2 Nov 2026, 04:57 pm
Brookfield India Real Estate Trust REIT has informed the Exchange regarding Disclosure of material issue
Brookfield India Real Estate Trust REIT · 543261
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Brookfield India Real Estate Trust REIT has made a disclosure regarding the deviation in the use of proceeds from the institutional placement of units in QIP-2023, QIP-2025, and QIP-2026, as per the SEBI guidelines.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Brookfield India Real Estate Trust REIT - 543261 - Reg 23(5)(i): Disclosure of material issue
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November 02, 2026
BSE Limited National Stock Exchange of India
The Corporate Relations Department, L i m i t e d
25th Floor, P J Towers, Dalal Street T h e C o r p orate Relations Department
Fort, Mumbai – 400 001 Exchange Plaza, 5th Floor,
SCRIP CODE: 543261 Plot no. C/1, G Block
SCRIP ID: BIRET Bandra-Kurla Complex, Bandra(E),
NCD SCRIP CODE: 977393 Mumbai – 400 051
NCD ISIN: INE0FDU07018 SYMBOL: BIRET
SCRIP CODE OF CP – 732621
SCRIP ID OF CP – BIRET21926
Sub: Quarterly statement of deviation(s) or variation(s) in use of proceeds of Institutional
Placements
Dear Sir/Ma’am,
Pursuant to paragraph 4.17 of Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/99 dated July
11, 2025 (the “REIT Master Circular”) issued by the Securities and Exchange Board of India
(“SEBI”), please find enclosed the following:
1. Statement of deviation(s) or variation(s) in use of proceeds of Institutional Placement
of Units – (QIP-2023), in line with the use of proceeds stated in the placement
document dated August 1, 2023, for the quarter ended September 30, 2026, is
enclosed as Annexure I.
2. Statement of deviation(s) or variation(s) in use of proceeds of Institutional Placement
of Units (QIP-2025), in line with the use of proceeds stated in the placement
document dated December 09, 2025, for the quarter ended September 30, 2026, is
enclosed as Annexure II.
3. Statement of deviation(s) or variation(s) in use of proceeds of Institutional Placement
of Units (QIP-2026), in line with the use of proceeds stated in the placement
document dated April 21, 2026 for the quarter ended September 30, 2026, is enclosed
as Annexure III.
You are requested to take the above information on record.
BROOKFIELD INDIA REAL ESTATE TRUST acting through its manager - BROOKPROP MANAGEMENT SERVICES PRIVATE LIMITED
Registered Office of Manager: Godrej BKC, Office No.2, 4th Floor, Plot C-68, 3rd Avenue, G-Block, Bandra Kurla Complex, Mumbai – 400051
Principal Place of Business 1st Floor, Asset No. 8, Unit No. 101, Worldmark-2, Hospitality District Aerocity, IGI Airport, New Delhi 110037
T: +91 11 4929 5555; 022-45832450 E: reit.compliance@brookfield.com; reit.manager@brookfield.com SEBI registration No. – IN/REIT/20-21/0004
Website of Brookfield India Real Estate Trust: https://www.brookfieldindiareit.in/ CIN: U74999MH2018FTC306865
Thanking You.
Yours Faithfully,
For Brookprop Management Services Private Limited
(as manager of Brookfield India Real Estate Trust)
Saurabh Jain
Company Secretary & Compliance Officer
Axis Trustee Services Limited
Axis House, P B Marg, Worli,
Mumbai, Maharashtra, India, 400025
IDBI Trusteeship Service Limited (Debenture Trustee for the NCDs)
Universal Insurance Building, Ground Floor, Sir P.M. Road,
Fort, Mumbai – 400001
BROOKFIELD INDIA REAL ESTATE TRUST acting through its manager - BROOKPROP MANAGEMENT SERVICES PRIVATE LIMITED
Registered Office of Manager: Godrej BKC, Office No.2, 4th Floor, Plot C-68, 3rd Avenue, G-Block, Bandra Kurla Complex, Mumbai – 400051
Principal Place of Business 1st Floor, Asset No. 8, Unit No. 101, Worldmark-2, Hospitality District Aerocity, IGI Airport, New Delhi 110037
T: +91 11 4929 5555; 022-45832450 E: reit.compliance@brookfield.com; reit.manager@brookfield.com SEBI registration No. – IN/REIT/20-21/0004
Website of Brookfield India Real Estate Trust: https://www.brookfieldindiareit.in/ CIN: U74999MH2018FTC306865
ANNEXURE I
STATEMENT OF DEVIATION/VARIATION IN UTILISATION OF FUNDS RAISED
Name of listed entity Brookfield India Real Estate Trust (Brookfield India REIT)
Mode of Fund Raising Institutional Placement of Units of Brookfield India REIT – 2023
Date of Raising Funds Institutional Placement – August 2, 2023 (Date of Allotment)
Amount Raised Institutional Placement - ₹ 23,053,590,622.50
Report filed for Quarter ended September 30, 2026
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable Not Applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in Not Applicable
terms of a contract or objects, which was approved
by the Unitholders
If Yes, Date of Unitholders Approval Not Applicable
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review None
Comments of the auditors, if any Not Applicable
Set forth below are objects for which funds have been raised in the Institutional Placement of units of Brookfield India REIT
and details of deviation, if any, in the following table:
Original Object Modifi Original Modified Funds Amount of Remarks if any
ed Allocation Allocatio Utilized till Deviation/
Object, (Rs./Mn) n, if any September Variation
if any 30, 2026 for
(Rs./Mn) Quarter
according
applicable
object
Funding acquisition NA 22,000.0 21,896.76 NIL -
of Kairos Properties
Private Limited
(earlier known as
Kairos Property
Managers Private
Limited) (“Kairos”)
and Candor
Gurgaon One Realty
Projects Private
Limited (“Candor
G1”)
General Purpose NA 203.6 423.95 NIL -
Issue related NA 850.0 732.89 NIL -
expenses
BROOKFIELD INDIA REAL ESTATE TRUST acting through its manager - BROOKPROP MANAGEMENT SERVICES PRIVATE LIMITED
Registered Office of Manager: Godrej BKC, Office No.2, 4th Floor, Plot C-68, 3rd Avenue, G-Block, Bandra Kurla Complex, Mumbai – 400051
Principal Place of Business 1st Floor, Asset No. 8, Unit No. 101, Worldmark-2, Hospitality District Aerocity, IGI Airport, New Delhi 110037
T: +91 11 4929 5555; 022-45832450 E: reit.compliance@brookfield.com; reit.manager@brookfield.com SEBI registration No. – IN/REIT/20-21/0004
Website of Brookfield India Real Estate Trust: https://www.brookfieldindiareit.in/ CIN: U74999MH2018FTC306865
Total (A) - 23,053.60 23,053.60
Note: As disclosed in the Placement Document dated August 1, 2023, the manager of Brookfield India REIT have
flexibility in utilizing the balance net proceeds and unutilized Issue proceeds, if any, for any purpose in connection
with the acquisition of Kairos and Candor G1 and for other general purposes including in relation to the operation,
meeting exigencies and expenses incurred by the Brookfield India REIT or any of its portfolio companies, towards
funding growth opportunities and strategic initiatives and acquisitions, shareholders and external loans, funding
equity contribution towards their assets, working capital requirements, meeting day to day expenses, meeting
expenses in the ordinary course of business, strengthening of marketing capabilities, as may be applicable.
Accordingly, an amount of Rs. 220.35 million has been utilized for general purposes. The entire amount of Rs.
23.053.60 million have been utilized.
BROOKFIELD INDIA REAL ESTATE TRUST acting through its manager - BROOKPROP MANAGEMENT SERVICES PRIVATE LIMITED
Registered Office of Manager: Godrej BKC, Office No.2, 4th Floor, Plot C-68, 3rd Avenue, G-Block, Bandra Kurla Complex, Mumbai – 400051
Principal Place of Business 1st Floor, Asset No. 8, Unit No. 101, Worldmark-2, Hospitality District Aerocity, IGI Airport, New Delhi 110037
T: +91 11 4929 5555; 022-45832450 E: reit.compliance@brookfield.com; reit.manager@brookfield.com SEBI registration No. – IN/REIT/20-21/0004
Website of Brookfield India Real Estate Trust: https://www.brookfieldindiareit.in/ CIN: U74999MH2018FTC306865
ANNEXURE II
STATEMENT OF DEVIATION/VARIATION IN UTILISATION OF FUNDS RAISED
Name of listed entity Brookfield India Real Estate Trust (Brookfield India REIT)
Mode of Fund Raising Institutional Placement of Units of Brookfield India REIT -
2025
Date of Raising Funds Institutional Placement – December 10, 2025 (Date of
Allotment)
Amount Raised Institutional Placement - ₹ 35,000 million
Report filed for Quarter ended September 30, 2026
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable Not Applicable
Is there a Deviation / Variation in use of funds No
raised
If yes, whether the same is pursuant to change in Not Applicable
terms of a contract or objects, which was
approved by the Unitholders
If Yes, Date of
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