Financial Results - REITs or InvITs

General information about REITs or InvITs

Scrip Code	000000
NSE Symbol	NDRINVIT
MSEI Symbol	NOTLISTED
ISIN	INE0Q7Q23015
Name of Entity	NDR INVIT TRUST
Class of security - REITs or INVITs	InvITs
Date of start of financial year	01-04-2025
Date of end of financial year	31-03-2026
Date of board meeting when results were approved	11-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	03-11-2025
Description of presentation currency	INR
Level of rounding	Lakhs
Reporting Type	Quarterly
Reporting Quarter	Second quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Unaudited
Segment Reporting	Single segment
Description of single segment	FINANCIAL STATEMENT
Start date and time of board meeting	11-11-2025 13:30:00
End date and time of board meeting	11-11-2025 18:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
NDCF applicability	SPVs & Trust
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results Ind-AS

Amount in (Lakhs)

Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-07-2025	01-04-2025
B	Date of end of reporting period	30-09-2025	30-09-2025
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
1	Income
(a)	Revenue from operations	10,360.50	20,516.40
(b)	Other income
1	Gain on investments (net)	295.30	899.90
2	Interest income	77.40	137.10
3	Other income	23.00	34.50
	Total other income	395.70	1,071.50
	Total income	10,756.20	21,587.90
2	Expenses
(a)	Cost of materials consumed	0.00	0.00
(b)	Purchases of stock-in-trade	0.00	0.00
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0.00	0.00
(d)	Employee benefit expense	0.90	1.80
(e)	Finance costs	3,264.50	6,484.90
(f)	Depreciation, depletion and amortisation expense	1,990.80	3,924.70
(g)	Other Expenses
1	other expenses	1,250.00	2,620.00
	Total other expenses	1,250.00	2,620.00
	Total expenses	6,506.20	13,031.40
3	Total profit/(loss) before exceptional items and tax	4,250.00	8,556.50
4	Exceptional items	0.00	0.00
5	Total profit/(loss) before tax	4,250.00	8,556.50
6	Tax expense
7	Current tax	445.80	890.90
8	Deferred tax	144.00	211.80
9	Total tax expenses	589.80	1,102.70
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0.00	0.00
11	Net Profit Loss for the period from continuing operations	3,660.20	7,453.80
12	Profit (loss) from discontinued operations before tax	0.00	0.00
13	Tax expense of discontinued operations	0.00	0.00
14	Net profit (loss) from discontinued operation after tax	0.00	0.00
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0.00	0.00
16	Total profit (loss) for period	3,660.20	7,453.80
17	Other comprehensive income net of taxes	0.00	0.00
18	Total Comprehensive Income for the period	3,660.20	7,453.80
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	3,704.70	7,529.10
	Total profit or loss, attributable to non-controlling interests	(44.50)	(75.30)
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of unit capital
	Paid-up unit capital	3,72,451.90	3,72,451.90
22	Earnings per unit
i	Earnings per unit capital for continuing operations
	Basic earnings (loss) per unit from continuing operations	0.94	1.9
	Diluted earnings (loss) per unit from continuing operations	0.94	1.9
ii	Earnings per unit capital for discontinued operations
	Basic earnings (loss) per unit from discontinued operations	0	0
	Diluted earnings (loss) per unit from discontinued operations	0	0
iii	Earnings per unit capital (for continuing and discontinued operations)
	Basic earnings (loss) per unit from continuing and discontinued operations	0.94	1.9
	Diluted earnings (loss) per unit from continuing and discontinued operations	0.94	1.9
23	Disclosure of notes on financial results	Textual Information(1)	Textual Information(2)

Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		30-09-2025
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	11,155.80
	Capital work-in-progress	2,746.40
	Investment property	4,64,373.00
	Goodwill	0.00
	Other intangible assets	0.00
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	0.00
	Trade receivables, non-current
	Loans, non-current	0.00
	Other non-current financial assets	21,573.30
	Total non-current financial assets	21,573.30
	Deferred tax assets (net)	4,782.60
	Other non-current assets	13,156.10
	Total non-current assets	5,17,787.20
2	Current assets
	Inventories	0.00
	Current financial asset
	Current investments	21,858.70
	Trade receivables, current	3,254.20
	Cash and cash equivalents	992.70
	Bank balance other than cash and cash equivalents	4,496.10
	Loans, current	0.00
	Other current financial assets	1,161.60
	Total current financial assets	31,763.30
	Current tax assets (net)
	Other current assets	3,937.20
	Total current assets	35,700.50
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	5,53,487.70
	Unit Capital and liabilities
1	Unit Capital
	Unit Capital attributable to owners of parent
	Unit capital	3,72,452.80
	Other equity	8,214.90
	Total equity attributable to owners of parent	3,80,667.70
	Non controlling interest	(650.70)
	Total Unit Capital	3,80,667.70
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1,35,469.40
	Lease liabilities, non-current	9,490.40
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	5,300.30
	Total non-current financial liabilities	1,50,260.10
	Provisions, non-current	0.00
	Deferred tax liabilities (net)	6,181.20
	Deferred government grants, Non-current
	Other non-current liabilities	932.30
	Total non-current liabilities	1,57,373.60
	Current liabilities
	Current financial liabilities
	Borrowings, current	0.00
	Lease liabilities, current	351.30
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	161.40
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	6,643.70
	Total Trade payable	6,805.10
	Other current financial liabilities	7,621.10
	Total current financial liabilities	14,777.50
	Other current liabilities
	Provisions, current	0.00
	Current tax liabilities (Net)	1,319.60
	Deferred government grants, Current
	Total current liabilities	16,097.10
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	1,73,470.70
	Total equity and Liabilities	5,53,487.70
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block

Textual Information(1)	1.Rs.1,473.80 millions added in Other financial assets pertaining to Right to use assets 2.Rs.0.10 Million added in Unit capital pertaining to Corpus fund

Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-07-2025	01-04-2025
Date of end of reporting period		30-09-2025	30-09-2025
Whether results are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets
	Net Segment Asset
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities
	Net Segment Liabilities
	Disclosure of notes on segments	Textual Information(1)	Textual Information(2)

Other Comprehensive Income

Amount in (Lakhs)

Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-07-2025	01-04-2025
B	Date of end of reporting period	30-09-2025	30-09-2025
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income
	Disclosure of notes on other comprehensive income	Text Block(1)	Text Block(2)

Cash flow statement, indirect

Amount in (Lakhs)

Particulars			Year ended (dd-mm-yyyy)
A	Date of start of reporting period		01-04-2025
B	Date of end of reporting period		30-09-2025
C	Whether results are audited or unaudited		Unaudited
D	Nature of report standalone or consolidated		Consolidated
Part I
1	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax		8,556.50
2	Adjustments for reconcile profit (loss)
	Adjustments for finance costs		6,481.70
	Adjustments for decrease (increase) in inventories		0.00
	Adjustments for decrease (increase) in trade receivables, current		(866.60)
	Adjustments for decrease (increase) in trade receivables, non-current		0.00
	Adjustments for decrease (increase) in other current assets		0.00
	Adjustments for decrease (increase) in other non-current assets		0.00
	Adjustments for other financial assets, non-current		430.60
	Adjustments for other financial assets, current		(206.50)
	Adjustments for other bank balances		0.00
	Adjustments for increase (decrease) in trade payables, current		772.20
	Adjustments for increase (decrease) in trade payables, non-current		0.00
	Adjustments for increase (decrease) in other current liabilities		(657.60)
	Adjustments for increase (decrease) in other non-current liabilities		0.00
	Adjustments for depreciation and amortisation expense		0.00
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss		0.00
	Adjustments for provisions, current		0.00
	Adjustments for provisions, non-current		0.00
	Adjustments for other financial liabilities, current		155.30
	Adjustments for other financial liabilities, non-current		0.00
	Adjustments for unrealised foreign exchange losses gains		0.00
	Adjustments for dividend income		0.00
	Adjustments for interest income		0.00
	Adjustments for share-based payments		0.00
	Adjustments for fair value losses (gains)		134.60
	Adjustments for undistributed profits of associates		0.00
	Other adjustments for which cash effects are investing or financing cash flow		0.00
	Other adjustments to reconcile profit (loss)		(1,034.50)
	Other adjustments for non-cash items		0.00
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships		0.00
	Total adjustments for reconcile profit (loss)		5,209.20
	Net cash flows from (used in) operations		13,765.70
	Dividends received		0.00
	Interest paid		0.00
	Interest received		(77.40)
	Income taxes paid (refund)		(1,857.70)
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) operating activities		15,546.00
3	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses		0.00
	Cash flows used in obtaining control of subsidiaries or other businesses		0.00
	Other cash receipts from sales of equity or debt instruments of other entities		0.00
	Other cash payments to acquire equity or debt instruments of other entities		0.00
	Other cash receipts from sales of interests in joint ventures		0.00
	Other cash payments to acquire interests in joint ventures		0.00
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships		0.00
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships		0.00
	Proceeds from sales of property, plant and equipment		0.00
	Purchase of property, plant and equipment		(1,021.60)
	Proceeds from sales of investment property		0.00
	Purchase of investment property		(4,488.20)
	Proceeds from sales of intangible assets		0.00
	Purchase of intangible assets		0.00
	Proceeds from sales of intangible assets under development		0.00
	Purchase of intangible assets under development		0.00
	Proceeds from sales of goodwill		0.00
	Purchase of goodwill		0.00
	Proceeds from biological assets other than bearer plants		0.00
	Purchase of biological assets other than bearer plants		0.00
	Proceeds from government grants		0.00
	Proceeds from sales of other long-term assets		0.00
	Purchase of other long-term assets		0.00
	Cash advances and loans made to other parties		0.00
	Cash receipts from repayment of advances and loans made to other parties		0.00
	Cash payments for future contracts, forward contracts, option contracts and swap contracts		0.00
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts		0.00
	Dividends received		0.00
	Interest received		0.00
	Income taxes paid (refund)		0.00
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) investing activities	5,509.80
4	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries		0.00
	Payments from changes in ownership interests in subsidiaries		0.00
	Proceeds from issuing unit		0.00
	Proceeds from issuing other equity instruments		0.00
	Payments to acquire or redeem entity's shares/units		0.00
	Payments of other equity instruments		0.00
	Proceeds from exercise of stock options		0.00
	Proceeds from issuing debentures notes bonds etc		0.00
	Proceeds from borrowings		(1,238.10)
	Repayments of borrowings		0.00
	Payments of lease liabilities		(456.50)
	Dividends paid		0.00
	Interest paid		(5,639.40)
	Income taxes paid (refund)		0.00
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) financing activities		4,857.80
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes		25,913.60
5	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents		0.00
	Net increase (decrease) in cash and cash equivalents		25,913.60
	Cash and cash equivalents cash flow statement at beginning of period		1,961.20
	Cash and cash equivalents cash flow statement at end of period		27,874.80

Other inflows (outflows) of cash(operating activities)

Other inflows (outflows) of cash(Investing Activities)

Other inflows (outflows) of cash (Financing Activities)

Disclosure of notes on cash flow statement, indirect

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Broadview Constructions and Holdings Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	156.80
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	156.80
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Fabio Beverages Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	133.20
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	133.20
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Forefront Logistics Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	300.70
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	300.70
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Kautilya Warehousing Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	172.00
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	172.00
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDRAVG Business Park Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	75.00
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	75.00
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Bhadra Estates Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	187.00
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	187.00
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Distribution Centers Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	107.00
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	107.00
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Factor Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	168.80
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	168.80
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Goaspace Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	278.50
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	278.50
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	N D R Plantations Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	211.20
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	211.20
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Safe Store Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	199.60
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	199.60
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Vanshil Warehouse Park Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	516.10
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	516.10
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Seahorse Distribution and Freight Services Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	173.90
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	173.90
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Sri Amruthalingeswara Warehousing Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	460.50
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	460.50
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Svahgraha Constructions And Holdings Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	651.60
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	651.60
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Valiant Amrut India Infra Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	402.50
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	402.50
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Varama SIR (India) Logistic & Infrastructure Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	1,009.60
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	1,009.60
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Nasda Infra Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	1,448.50
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	1,448.50
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Warehousing Solutions Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	126.10
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	126.10
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Trade House Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	601.30
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	601.30
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	NDR Logix Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	305.80
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	305.80
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Nandav Warehousing Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	332.60
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	332.60
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	Kosamba Logistics Private Limited
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	169.20
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	169.20
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A	Name of Project	SGP Universal LLP
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV	39.80
1	Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
3.98
	Total (1)
2	Add: Treasury income / income from investing activities
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMIï¿½s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow for HoldCo/SPV ' s	39.80
	Notes:

Statement of Net Distributable Cash Flows (NDCF) - Trust

Amount in (Lakhs)


A	Name of Project	NA
B	Date of start of reporting period	01-07-2025
C	Date of end of reporting period	30-09-2025
Sr.	Particulars	Amount
	Cashflows from operating activities of the Trust	8,425.40
1	Add: Cash Flows received from SPV's / Investment entities which represent distributions of NDCF computed as per relevant framework
f	Sum of other Cash flows not included above
	Details of other Cash flows not included above
842.54

	Total (1)
2	Add: Treasury income / income from investing activities of the Trust
a	Interest income received from FD	0.00
b	Tax refund	0.00
c	Any other income in the nature of interest	0.00
d	Profit on sale of Mutual funds	0.00
e	Profit on sale of Investments	0.00
f	Profit on sale of Assets	0.00
g	Dividend Income	0.00
h	Sum of other income not included above	0.00
	Details of other income not included above

	Total (2)	0.00
3	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a	Applicable capital gains and other taxes	0.00
b	Related debts settled or due to be settled from sale proceeds	0.00
c	Directly attributable transaction costs	0.00
d	Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations	0.00
e	Sum of other sale proceeds not included above	0.00
	Details of other sale proceeds not included above

	Total (3)	0.00
4	Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently	0.00
5	Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust	0.00
6	Less: Debt repayment (to include principal repayments as per scheduled EMI's except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust)	0.00
7	Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a	Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt	0.00
b	Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos	0.00
c	Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos	0.00
d	Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset	0.00
e	Statutory, judicial, regulatory, or governmental stipulations	0.00
f	Agreement entered for PPP projects	0.00
g	Agreement entered for non-PPP projects	0.00
	Total (7)	0.00
8	Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years	0.00
	Net Distributable Cash Flow at Trust level	8,425.40
	Notes:

Statement of Net Assets at Fair Value (NAV)

Amount in (Lakhs)

Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		30-09-2025
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Consolidated
Sr.	Particulars	Book Value	Fair Value
A	Total Assets	5,53,490.00	7,03,120.00
B	Total Liabilities	1,73,470.00	1,73,470.00
C	Net Assets (A - B)	3,80,020.00	5,29,650.00
D	Less: Non-Controlling Interest	0.00	0.00
E	Net Assets attributable to unitholders (C-D)	3,80,020.00	5,29,650.00
F	No. of Units	396012214	396012214
G	NAV per unit (E/F)	0	0
	Disclosure of notes on net assets at fair value	Text Block(1)	Text Block(2)

Statement of Total Returns at Fair Value

Amount in (Lakhs)

Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		30-09-2025
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Consolidated
	Particulars	Amount
1	Total Comprehensive Income (As per the Statement of Profit and loss)	7,453.80
	Add/Less: Other Changes in Fair Value not recognized in Total Comprehensive Income
1	Add/Less: Other Changes in Fair Value not recognized in Total Comprehensive Income	3,06,353.80
	Total Other Changes in Fair Value not recognized in Total Comprehensive Income	3,06,353.80
	Total Return	3,13,807.60
	Disclosure of notes on total returns at fair value

Statement of Net Borrowings Ratio

Amount in (Lakhs)

Sr.	Particulars	Amount
A	Borrowings [Refer Notes 1 & 2]	1,35,691.70
B	Deferred Payments [Refer Notes 1 & 3]	9,841.80
C	Cash and Cash Equivalents [Refer Notes 1 & 3]	992.70
D	Aggregate Borrowings and Deferred Payments net of Cash and Cash Equivalents (A+B-C)	1,44,540.80
E	Value of REIT/InVIT assets [Refer Notes 3 & 4]	6,42,650.00
F	Net Borrowings Ratio (D/E)	0.22
	Disclosure of notes on net borrowings ratio

Statement of Changes in Unitholders Equity

Amount in (Lakhs)

Particulars		3 months/ 6 months ended(dd-mm-yyyy)	Year to date figures for current period ended(dd-mm-yyyy)
Date of start of reporting period		01-07-2025	01-04-2025
Date of end of reporting period		30-09-2025	30-09-2025
Whether results are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Consolidated	Consolidated

1	Balance at the beginning of the current reporting period	3,75,808.10	3,69,072.80
2	Changes in Unit Capital due to prior period errors	0.00	0.00
3	Restated balance at the beginning of the current reporting period	0.00	0.00
4	Changes in Unit Capital due to prior period errors	(3,356.20)	(3,379.10)
5	Balance at the end of the current reporting period	3,72,451.90	3,72,451.90
	Disclosure of notes on changes in unit capital	Textual Information(1)	Textual Information(2)

Amount in (Lakhs)

Particulars

3 months/ 6 months ended (dd-mm-yyyy)

Date of start of reporting period

01-07-2025

Date of end of reporting period

30-09-2025

Whether results are audited or unaudited

Unaudited

Nature of report standalone or consolidated

Consolidated

B(i). Other Equity

		Share application money pending allotment	Equity component of compound financial instruments	Reserves and Surplus				Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus	Exchange differences on translating the financial statements of a foreign operation	Other items of Other Comprehensive Income (specify nature)	Money received against share warrants	Total
		Share application money pending allotment	Equity component of compound financial instruments	Capital Total Reserve	Securities Premium	Other Reserves (specify nature)	Retained Earnings	Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus			Money received against share warrants	Total
1	Balance at the beginning of the current reporting period	0.00		0	332850000	0	4,079.50	0	0	0	0	0	0	0	7,408.00
2	Changes in accounting policy or prior period errors	0.00		0	0	0	0.00	0	0	0	0	0	0	0	0.00
3	Restated balance at the beginning of the current reporting period	0.00		0	0	0	0.00	0	0	0	0	0	0	0	0.00
4	Total Comprehensive Income for the current year	0.00		0	0	0	7,529.10	0	0	0	0	0	0	0	7,529.10
5	Dividends	0.00		0	0	0	0.00	0	0	0	0	0	0	0	0.00
6	Transfer to retained earnings	0.00		0	0	0	0.00	0	0	0	0	0	0	0	0.00
7	Any other change	0.00		0	0	0	6,722.20	0	0	0	0	0	0	0	6,722.20
8	Balance at the end of the current reporting period	0.00		0	332850000	0	4,886.40	0	0	0	0	0	0	0	8,214.90
9	Details of any other change (If figures reported in No. 7)						Distribution during the period - Return on Capital

Amount in (Lakhs)

Particulars

"Year to date figures for current period ended (dd-mm-yyyy)"

Date of start of reporting period

01-04-2025

Date of end of reporting period

30-09-2025

Whether results are audited or unaudited

Unaudited

Nature of report standalone or consolidated

Consolidated

B(ii). Other Equity

		Share application money pending allotment	Equity component of compound financial instruments	Reserves and Surplus				Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus	Exchange differences on translating the financial statements of a foreign operation	Other items of Other Comprehensive Income (specify nature)	Money received against share warrants	Total
		Share application money pending allotment	Equity component of compound financial instruments	Capital Total Reserve	Securities Premium	Other Reserves (specify nature)	Retained Earnings	Debt instruments through Other Comprehensive Income	Equity Instruments through Other Comprehensive Income	Effective portion of Cash Flow Hedges	Revaluation Surplus			Money received against share warrants	Total
1	Balance at the beginning of the current reporting period	0.00		0	332850000	0	4,079.50	0	0	0	0	0	0	0	7,408.00
2	Changes in accounting policy or prior period errors	0.00		0	0	0	0.00	0	0	0	0	0	0	0	0.00
3	Restated balance at the beginning of the current reporting period	0.00		0	0	0	0.00	0	0	0	0	0	0	0	0.00
4	Total Comprehensive Income for the current year	0.00		0	0	0	7,529.10	0	0	0	0	0	0	0	7,529.10
5	Dividends	0.00		0	0	0	0.00	0	0	0	0	0	0	0	0.00
6	Transfer to retained earnings	0.00		0	0	0	0.00	0	0	0	0	0	0	0	0.00
7	Any other change	0.00		0	0	0	(6,722.20)	0	0	0	0	0	0	0	(6,722.20)
8	Balance at the end of the current reporting period	0.00		0	332850000	0	4,886.40	0	0	0	0	0	0	0	8,214.90
9	Details of any other change (If figures reported in No. 7)						Distribution during the period - Return on Capital

Details of Funds raised through Debt - Consolidated basis

Amount in (Lakhs)

Sr no.	Types of Borrowings	Opening Outstanding	Raised During the period	Repaid during the period	Closing Outstanding
1	Borrowings from Domestic - Banks/ Financial Institutions (including term loans)	0.00	0.00	0.00	0.00
2	Non-Convertible Debentures (NCDs)	1,35,469.40	0.00	0.00	1,35,469.40
3	Non-Convertible Preference Shares (NCRPs)	0.00	0.00	0.00	0.00
4	ECBs	0.00	0.00	0.00	0.00
Whether fund raised through debt consolidated other than above?				No

Details of Borrowing / Debt (Raised during the period)

Debt securities (NCDs)

Loans / ECB

Preference Capital (NCRPS)

Sr no.

InvIT / HoldCo / SPVs

ISIN

Amount raised

Coupon Rate

Interest payment frequency

Secured/unsecured

Tenure (in months)

Assets on which charge is created, if any

Name of the lender

Amount

Assets on which charge is created, if any

Tenure (in months)

Name of the lender

Amount

Assets on which charge is created, if any

Tenure (in months)

Disclosures of Ratios

Amount in (Lakhs)

Sr. No	Particulars	Ratio
Whether the REITS/INVITS have any outstanding borrowings?		Yes
1	Debt equity ratio	0.38
2	Debt service coverage ratio	2.87
3	Interest service coverage ratio	3.23
4	Asset cover available ratio	3.97
5	Total debts to total assets	0.26
6	Current ratio	2.22
7	EBITDA margin (i.e.: Earnings before interest tax depreciation and amortisation margin)	0.92
8	Net profit margin percent	3533.00
9	Net operating income margin	87.89
10	Distribution per unit (In Rs.)	183.00
11	Net worth i.e.: Unitholders funds	38066780000

Details of Capital raised during the period

Amount in (Lakhs)

Sr no.	Nature of issue (Right Issue/ Preferential Issue/ Institutional Placement)	Date of Board Approval	Date of Unitholders Approval	Date of Issue	Issue Size (Number of Units)	Issue Size	Issue Price per Unit	Date of Allotment of Securities	Details of Listing of Securites

Text Block
Details Of Capital Raised During The Period Explanatory

Details of Assets acquired during the reporting period

Amount in (Lakhs)

Sr.No.	Nature of the Asset	Date of Meeting of Board of the Manager / IM / Unitholders Approval	Type of transaction (Outright purchase / Joint Venture / Joint Development / Area Share / Others)	Date on which the Asset was acquired	Total consideration	Name of the Parties from whom the Asset was acquired	Whether it is a Related Party Transaction	Valuation of the Asset Acquired	Remarks

Text Block
Details Of Assets Acquired During The Reporting Period Explanatory

Details of Assets disposed off during the reporting period

Amount in (Lakhs)

Sr.No.	Nature of the Asset	Date of Meeting of Board of the Manager / IM / Unitholders Approval	Type of transaction (Outright sale / Joint Venture / Joint Development / Area Share / Others)	Date on which the Asset was disposed off	Total consideration	Name of the Parties to whom the Asset was disposed off	Whether it is a Related Party Transaction	Valuation of the Asset Acquired	Remark Note

Text Block
Details Of Assets DisposedOff During The Reporting Period Explanatory

Details of Distributions made during each quarter of the Financial Year
A	Date of start of reporting period	01-07-2025
B	Date of end of reporting period	30-09-2025
B	Details of Distribution made during the period, if applicable: (Yes/No)	Yes
Sr.	Particulars
1	Record Date	14-11-2025
2	Date of Board Meeting in which the distribution declared	11-11-2025
3	Total amount of distribution declared	Total amount (in Rs. Lakhs)	Total Amount Per Unit (in Rs.)
4	Out of the total amount of distribution declared, the amount in the form of interest, less taxes, if any	7,227.20	1.83
5	Out of the total amount of distribution declared, the amount in the form of dividend	0.00	0
6	Out of the total amount of distribution declared, including amount in the form of amortization of SPV level debt	0.00	0
7	Out of the total amount of distribution declared, the amount in form of other income	0.00	0
8	Due date of the payment of distribution	21-11-2025
9	Date by which payment of distribution is completed	21-11-2025

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Broadview Constructions and Holdings Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		13.70
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		13.70
2	Other Equity		(790.80)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(777.10)
B	Borrowings
1	Long Term Borrowings		6,000.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		166.40
7	Loans from REITs / InvITs or any other inter SPV Borrowings		2,950.20
	Total Net Debt		9,116.60
C	Total Capitalisation		8,339.50
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Fabio Beverages Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1.30
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		1.30
2	Other Equity		311.00
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		312.30
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		3,240.20
	Total Net Debt		3,240.20
C	Total Capitalisation		3,552.50
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Forefront Logistics Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1,761.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		1,761.00
2	Other Equity		2,816.10
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		4,577.10
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		1,646.20
	Total Net Debt		1,646.20
C	Total Capitalisation		6,223.30
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Kautilya Warehousing Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1,594.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		1,594.00
2	Other Equity		73.20
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		1,667.20
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		3,870.40
	Total Net Debt		3,870.40
C	Total Capitalisation		5,537.60
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Warehousing Solutions Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		100.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		100.00
2	Other Equity		(588.00)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(488.00)
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		7,591.90
	Total Net Debt		7,591.90
C	Total Capitalisation		7,103.90
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		N D R Plantations Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		563.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		563.00
2	Other Equity		1,238.00
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		1,801.00
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		9.20
	Total Net Debt		9.20
C	Total Capitalisation		1,810.20
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Nasda Infra Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		671.30
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		671.30
2	Other Equity		20,852.00
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		21,523.30
B	Borrowings
1	Long Term Borrowings		17,000.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		471.30
7	Loans from REITs / InvITs or any other inter SPV Borrowings		10,820.10
	Total Net Debt		28,291.40
C	Total Capitalisation		49,814.70
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Bhadra Estates Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		1.00
2	Other Equity		(1,820.10)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(1,819.10)
B	Borrowings
1	Long Term Borrowings		6,000.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		166.40
7	Loans from REITs / InvITs or any other inter SPV Borrowings		4,079.80
	Total Net Debt		10,246.20
C	Total Capitalisation		8,427.10
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Distribution Centers Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		66.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		66.00
2	Other Equity		85.40
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		151.40
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		3,403.10
	Total Net Debt		3,403.10
C	Total Capitalisation		3,554.50
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Factor Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1,000.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		1,000.00
2	Other Equity		1,817.30
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		2,817.30
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		13.90
	Total Net Debt		13.90
C	Total Capitalisation		2,831.20
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Goaspace Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		100.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		100.00
2	Other Equity		(456.60)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(356.60)
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		12,248.50
	Total Net Debt		12,248.50
C	Total Capitalisation		11,891.90
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Safestore Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		1.00
2	Other Equity		254.40
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		255.40
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		4,924.30
	Total Net Debt		4,924.30
C	Total Capitalisation		5,179.70
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Store House Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		500.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		500.00
2	Other Equity		(868.80)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(368.80)
B	Borrowings
1	Long Term Borrowings		2,500.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		69.30
7	Loans from REITs / InvITs or any other inter SPV Borrowings		3,178.60
	Total Net Debt		5,747.90
C	Total Capitalisation		5,379.10
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Vanshil Warehouse Park Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		10.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		10.00
2	Other Equity		(1,096.10)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(1,086.10)
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		17,767.40
	Total Net Debt		17,767.40
C	Total Capitalisation		16,681.30
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDRAVG Business Park Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2,813.10
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		2,813.10
2	Other Equity		(2,011.80)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		801.30
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		7,747.10
	Total Net Debt		7,747.10
C	Total Capitalisation		8,548.40
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Seahorse Distribution & Freight Services Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		3,400.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		3,400.00
2	Other Equity		1,596.20
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		4,996.20
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		2,145.70
	Total Net Debt		2,145.70
C	Total Capitalisation		7,141.90
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Sri Amruthalingeswara Warehousing Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		375.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		375.00
2	Other Equity		1,804.10
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		2,179.10
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		5,332.40
	Total Net Debt		5,332.40
C	Total Capitalisation		7,511.50
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Svahgraha Constructions And Holdings Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		10.90
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		10.90
2	Other Equity		4,214.00
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		4,224.90
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		8,815.80
	Total Net Debt		8,815.80
C	Total Capitalisation		13,040.70
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Valiant Amrut India Infra Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		10.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		10.00
2	Other Equity		(535.80)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(525.80)
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		12,025.90
	Total Net Debt		12,025.90
C	Total Capitalisation		11,500.10
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Varama Sir India Logistic And Infrastructure Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		3.70
(2)	held by Other shareholders		1.30
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		5.00
2	Other Equity		(2,515.80)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		(2,510.80)
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		17,097.90
	Total Net Debt		17,097.90
C	Total Capitalisation		14,587.10
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Trade House Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		1.30
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		1.30
2	Other Equity		414.00
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		415.30
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		16,199.90
	Total Net Debt		16,199.90
C	Total Capitalisation		16,615.20
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		NDR Logix Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		2,343.40
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		2,343.40
2	Other Equity		(1,237.00)
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		1,106.40
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		5,784.60
	Total Net Debt		5,784.60
C	Total Capitalisation		6,891.00
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Nandav Warehousing Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		10.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		10.00
2	Other Equity		2,006.40
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		2,016.40
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		1,156.70
	Total Net Debt		1,156.70
C	Total Capitalisation		3,173.10
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		Kosamba Logistics Private Limited
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		10.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		10.00
2	Other Equity		1,660.40
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		1,670.40
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		(0.50)
	Total Net Debt		(0.50)
C	Total Capitalisation		1,669.90
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos/SVPs		SGP Universal LLP
	Category		SPVs
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		100.00
(2)	held by Other shareholders		0.00
	Name of other shareholder	% of Holiding
1	N Srithi	0.14
2	Hans Space LLP	0.09
3	Jagadesh Bhanusali	0.03
	Total Capital		100.00
2	Other Equity		422.10
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		522.10
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		0.00
	Total Net Debt		0.00
C	Total Capitalisation		522.10
Disclosure of notes for HoldCos and Directly held SPVs		Notes :

(B)For SVPs held through HoldCos

Amount in (Lakhs)

1	Date of start of reporting period	01-07-2025
2	Date of end of reporting period	30-09-2025
A	For HoldCos and Directly held SPVs		Amount
	Name of Holdcos		0
	Name of SVPs		0
A	Shareholders Funds
1	Capital
(1)	held by InvITs / REITs directly or indirectly		0.00
(2)	held by Other shareholders
	Name of other shareholder	% of Holiding
	Total Capital		0.00
2	Other Equity		0.00
3	Reserve & Surplus		0.00
4	Instruments entirely equity in nature		0.00
	Total Shareholders Funds		0.00
B	Borrowings
1	Long Term Borrowings		0.00
2	Current Maturities of Long Term Borrowings		0.00
3	Short term borrowings		0.00
4	Deferred Payment Liability		0.00
5	Interest Accrued and due		0.00
6	Interest Accrued but not due		0.00
7	Loans from REITs / InvITs or any other inter SPV Borrowings		0.00
	Total Net Debt		0.00
C	Total Capitalisation		0.00
Disclosure of notes for SVPs held through HoldCos		Notes :