22-Oct-2026 12:59:42
PROPERTY SHARE INVESTMENT TRUST - PROPSHARE PLATINAAcquisition and merger
PSPLATINA : SIGNS NON-BINDING TERM SHEET FOR ASSET SALE AT RS 410.13 CR ENTERPRISE VALUE
• Entered into a non-binding term sheet on October 21, 2026 with the investment manager of a Category-II AIF for sale of all assets held under PS Platina • Proposed sale via transfer of entire share capital and all other instruments of all SPVs owned by PS Platina • Enterprise value approximately ₹410.13 Cr, subject to customary and identified working capital adjustments; net consideration subject to applicable taxes • Transaction subject to due diligence, definitive agreements, applicable approvals and mutually agreed conditions • Term sheet is non-binding and does not constitute a binding commitment to consummate the sale
Property Share Investment Trust - Propshare Platina
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