Brookfield India Real Estate Trust Announces Rs 209 Crore Distribution to Unitholders

The company disclosed in a regulatory filing its plan to distribute Rs 208.56 crore to unitholders for the December quarter, amounting to Rs 4.75 per unit.

On Monday, Brookfield India Real Estate Trust announced a substantial 89% increase in the net operating income, reaching Rs 453.4 crore, alongside a distribution declaration of Rs 208.56 crore for the December quarter. The distribution breakdown includes Rs 97 crore, equivalent to Rs 2.21 per unit, as interest payment on shareholder loans, Non-Convertible Debentures (NCDs), and Compulsory Convertible Debentures (CCDs). Additionally, Rs 108.89 crore, at Rs 2.48 per unit, is allocated for the repayment of Special Purpose Vehicles (SPV) debt and NCD, with the remaining balance of Rs 2.63 crore, at Rs 0.06 per unit, designated for interest on fixed deposits.

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