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 [Showing first 8,000 characters — download PDF for full document]