StockWatch
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Real Estate Investment Trusts (REITs)
Regulatory2 Nov 2026, 05:00 pm

Brookfield India REIT Discloses Use of Proceeds for QIPs

AI Summary

Brookfield India Real Estate Trust REIT has filed disclosures regarding the use of proceeds from its Institutional Placement of Units (QIP) in 2023, 2025, and 2026. The report covers the quarter ended September 30, 2026. For the QIP-2023, funds raised were ₹23,053,590,622.50. The primary use was for the acquisition of Kairos Properties Private Limited and Candor Gurgaon One Realty Projects Private Limited, with an original allocation of ₹22,000 million and ₹21,896.76 million utilized by September 30, 2026. No deviations were reported for any of the QIPs.

Key Highlights

  • Brookfield India REIT filed QIP use of proceeds for 2023, 2025, and 2026.
  • Report covers quarter ended September 30, 2026.
  • QIP-2023 funds of ₹23,053,590,622.50 used for acquisitions.
  • No deviations reported in the utilization of funds.
  • Filings comply with SEBI's REIT Master Circular requirements.