Investment8 April 2026 at 01:41 pm
Brookfield India REIT Unitholders Approve Raising of Funds in EGM
AI Summary
Brookfield India Real Estate Trust REIT has informed the Exchange about the approval of raising funds by its special purpose vehicle, ARLIGA ECOWORLD BUSINESS PARKS PRIVATE LIMITED, in an Extraordinary General Meeting (EGM) held on April 7, 2026. The EGM was conducted through video conferencing, and unitholders approved the proposals with the required majority. The funds will be raised from a third-party investor and through an institutional placement of units not exceeding INR 40,000 million in one or more placements.
Key Highlights
- Unitholders approved the raising of funds by ARLIGA ECOWORLD BUSINESS PARKS PRIVATE LIMITED from a third-party investor.
- An additional INR 40,000 million will be raised through institutional placements of units in one or more placements.
- The EGM was conducted through video conferencing, and unitholders approved the proposals with the required majority.
BIRET
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