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 |
11-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
05-02-2026 |
| Description of presentation currency |
INR |
| Level of rounding |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Third quarter |
| Nature of report standalone or consolidated |
Standalone |
| 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 |
11-02-2026 14:00:00 |
| End date and time of board meeting |
11-02-2026 19:15:00 |
| Whether cash flow statement is applicable on company |
|
| Type of cash flow statement |
|
| 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 |
01-10-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Standalone |
Standalone |
| 1 |
Income |
| (a) |
Revenue from operations |
6,110.30 |
16,192.80 |
| (b) |
Other income |
| 1 |
Other income |
246.90 |
1,225.60 |
|
Total other income |
246.90 |
1,225.60 |
|
Total income |
6,357.20 |
17,418.40 |
| 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 |
0.00 |
0.00 |
| (e) |
Finance costs |
2,858.80 |
8,511.20 |
| (f) |
Depreciation, depletion and amortisation expense
|
0.00 |
0.00 |
| (g) |
Other Expenses |
| 1 |
Total other expenses |
30.00 |
130.00 |
|
Total other expenses |
30.00 |
130.00 |
|
Total expenses |
2,888.80 |
8,641.20 |
| 3 |
Total profit/(loss) before exceptional items and tax |
3,468.40 |
8,777.20 |
| 4 |
Exceptional items |
0.00 |
0.00 |
| 5 |
Total profit/(loss) before tax |
3,468.40 |
8,777.20 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
41.60 |
41.60 |
| 8 |
Deferred tax |
0.00 |
(111.30) |
| 9 |
Total tax expenses |
41.60 |
(69.70) |
| 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 |
3,426.80 |
8,846.90 |
| 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 |
3,426.80 |
8,846.90 |
| 17 |
Other comprehensive income net of taxes |
0.00 |
0.00 |
| 18 |
Total Comprehensive Income for the period |
3,426.80 |
8,846.90 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
|
|
|
Total profit or loss, attributable to non-controlling interests |
|
|
| 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 |
3,96,012.20 |
3,96,012.20 |
| 22 |
Earnings per unit |
|
| i |
Earnings per unit capital for continuing operations |
|
|
Basic earnings (loss) per unit from continuing operations |
0.87 |
2.23 |
|
Diluted earnings (loss) per unit from continuing operations |
0 |
0 |
| 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 |
0.87 |
2.23 |
|
Diluted earnings (loss) per unit from continuing and discontinued operations |
0 |
0 |
| 23 |
Disclosure of notes on financial results |
Textual Information(1) |
Textual Information(2) |
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 |
01-10-2025 |
01-04-2025 |
| Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| Whether results are audited or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Standalone |
Standalone |
| 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 |
01-10-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Standalone |
Standalone |
|
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) |
Statement of Net Distributable Cash Flows (NDCF) - SPVs
Amount in (Lakhs)
| A |
Name of Project |
NA |
| B |
Date of start of reporting period |
01-10-2025 |
| C |
Date of end of reporting period |
31-12-2025 |
| Sr. |
Particulars |
Amount |
|
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV |
0.00 |
| 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 |
|
| 0 |
|
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 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 for HoldCo/SPV ' s |
0.00 |
|
Notes: |
|
| |
Statement of Net Distributable Cash Flows (NDCF) - Trust
Amount in (Lakhs)
|
|
| A |
Name of Project |
NA |
| B |
Date of start of reporting period |
01-10-2025 |
| C |
Date of end of reporting period |
31-12-2025 |
| Sr. |
Particulars |
Amount |
|
Cashflows from operating activities of the Trust |
(80.80) |
| 1 |
Add: Cash Flows received from SPV's / Investment entities which represent distributions of NDCF computed as per relevant framework |
|
| 1 |
Cashflows from received from SPVs |
10,010.30 |
| f |
Sum of other Cash flows not included above |
|
|
Details of other Cash flows not included above |
|
| Cashflows from received from SPVs |
|
|
Total (1) |
10,010.30 |
| 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 |
432.00 |
| 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) |
432.00 |
| 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 |
2,799.30 |
| 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 |
7,562.20 |
|
Notes: |
|
| |
Statement of Net Borrowings Ratio
Amount in (Lakhs)
| Sr. |
Particulars |
Amount |
| A |
Borrowings [Refer Notes 1 & 2] |
1,35,723.10 |
| B |
Deferred Payments [Refer Notes 1 & 3] |
11,334.60 |
| C |
Cash and Cash Equivalents [Refer Notes 1 & 3] |
1,832.40 |
| D |
Aggregate Borrowings and Deferred Payments net of Cash and Cash Equivalents (A+B-C) |
1,45,225.30 |
| E |
Value of REIT/InVIT assets [Refer Notes 3 & 4] |
6,57,950.00 |
| 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 |
01-10-2025 |
01-04-2025 |
| Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| Whether results are audited or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Standalone |
Standalone |
|
|
|
|
| 1 |
Balance at the beginning of the current reporting period |
3,72,451.90 |
3,72,451.90 |
| 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 |
(3,613.60) |
(3,613.60) |
| 5 |
Balance at the end of the current reporting period |
3,68,838.20 |
3,68,838.20 |
|
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 |
01-10-2025 |
| Date of end of reporting period |
31-12-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Standalone |
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 |
| Capital Total Reserve |
Securities Premium |
Other Reserves (specify nature) |
Retained Earnings |
| 1 |
Balance at the beginning of the current reporting period |
|
|
|
3,328.50 |
|
2,556.40 |
|
|
|
|
|
|
|
5,884.90 |
| 2 |
Changes in accounting policy or prior period errors |
|
|
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 3 |
Restated balance at the beginning of the current reporting period |
|
|
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 4 |
Total Comprehensive Income for the current year |
|
|
|
0.00 |
|
3,422.00 |
|
|
|
|
|
|
|
3,422.00 |
| 5 |
Dividends |
|
|
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 6 |
Transfer to retained earnings |
|
|
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 7 |
Any other change |
|
|
|
0.00 |
|
(3,612.60) |
|
|
|
|
|
|
|
(3,612.60) |
| 8 |
Balance at the end of the current reporting period |
|
|
|
3,328.50 |
|
2,364.70 |
|
|
|
|
|
|
|
5,693.20 |
| 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 |
31-12-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Standalone |
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 |
| Capital Total Reserve |
Securities Premium |
Other Reserves (specify nature) |
Retained Earnings |
| 1 |
Balance at the beginning of the current reporting period |
|
|
|
3,328.50 |
|
2,556.40 |
|
|
|
|
|
|
|
5,884.90 |
| 2 |
Changes in accounting policy or prior period errors |
|
|
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 3 |
Restated balance at the beginning of the current reporting period |
|
|
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 4 |
Total Comprehensive Income for the current year |
|
|
|
0.00 |
|
3,422.00 |
|
|
|
|
|
|
|
3,422.00 |
| 5 |
Dividends |
|
|
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 6 |
Transfer to retained earnings |
|
|
|
0.00 |
|
0.00 |
|
|
|
|
|
|
|
0.00 |
| 7 |
Any other change |
|
|
|
0.00 |
|
(3,612.60) |
|
|
|
|
|
|
|
(3,612.60) |
| 8 |
Balance at the end of the current reporting period |
|
|
|
3,328.50 |
|
2,364.70 |
|
|
|
|
|
|
|
5,693.20 |
| 9 |
Details of any other change (If figures reported in No. 7) |
|
|
|
|
|
0.00 |
|
|
|
|
|
|
|
|
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) |
1,35,486.90 |
0.00 |
0.00 |
1,35,486.90 |
| 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)
Disclosures of Ratios
Amount in (Lakhs)
| Whether the REITS/INVITS have any outstanding borrowings? |
Yes |
| Sr. No |
Particulars |
Ratio |
Remarks |
| 1 |
Debt equity ratio |
0.36 |
|
| 2 |
Debt service coverage ratio |
2.24 |
|
| 3 |
Interest service coverage ratio |
2.24 |
|
| 4 |
Asset cover available ratio |
2.49 |
|
| 5 |
Total debts to total assets |
0.27 |
|
| 6 |
Current ratio |
312.53 |
|
| 7 |
EBITDA margin (i.e.: Earnings before interest tax depreciation and amortisation margin) |
52.73 |
|
| 8 |
Net profit margin percent |
5609.00 |
|
| 9 |
Net operating income margin |
52.73 |
|
| 10 |
Distribution per unit (In Rs.) |
188.00 |
|
| 11 |
Net worth i.e.: Unitholders funds |
3,74,532.50 |
|
Details of Capital raised during the period
Amount in (Lakhs)
Text Block
|
| Details Of Capital Raised During The Period Explanatory |
|
Details of Assets acquired during the reporting period
Amount in (Lakhs)
Text Block
|
| Details Of Assets Acquired During The Reporting Period Explanatory
|
Name of the parties from whom the asset was acquired n1. N D R Warehousing Private Limited n2. UP Asbestos Limited |
Details of Assets disposed off during the reporting period
Amount in (Lakhs)
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 |
01-10-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
| B |
Details of Distribution made during the period, if applicable: (Yes/No) |
Yes |
| Sr. |
Particulars |
|
| 1 |
Record Date |
16-02-2026 |
| 2 |
Date of Board Meeting in which the distribution declared |
11-02-2026 |
| 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 |
3,251.30 |
325126028 |
| 5 |
Out of the total amount of distribution declared, the amount in the form of dividend |
922.70 |
92270846 |
| 6 |
Out of the total amount of distribution declared, including amount in the form of
amortization of SPV level debt |
3,251.30 |
325126028 |
| 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 |
21-02-2026 |
| 9 |
Date by which payment of distribution is completed |
21-02-2026 |
Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos
Amount in (Lakhs)
| 1 |
Date of start of reporting period |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(852.20) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(838.50) |
| 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 |
166.30 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
2,775.70 |
|
Total Net Debt |
8,942.00 |
| C |
Total Capitalisation |
8,103.50 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
335.00 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
336.30 |
| 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 |
3,390.40 |
|
Total Net Debt |
3,390.40 |
| C |
Total Capitalisation |
3,726.70 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
3,014.10 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
4,775.10 |
| 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 |
1,237.40 |
|
Total Net Debt |
1,237.40 |
| C |
Total Capitalisation |
6,012.50 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
81.40 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
1,675.40 |
| 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 |
3,848.70 |
|
Total Net Debt |
3,848.70 |
| C |
Total Capitalisation |
5,524.10 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(740.90) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(640.90) |
| 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 |
7,718.00 |
|
Total Net Debt |
7,718.00 |
| C |
Total Capitalisation |
7,077.10 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
1,318.00 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
1,881.00 |
| 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 |
1,881.00 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
21,424.30 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
22,095.60 |
| 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 |
9,256.40 |
|
Total Net Debt |
26,727.70 |
| C |
Total Capitalisation |
48,823.30 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(1,974.40) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(1,973.40) |
| 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 |
166.30 |
| 7 |
Loans from REITs / InvITs or any other inter SPV Borrowings |
4,123.60 |
|
Total Net Debt |
10,289.90 |
| C |
Total Capitalisation |
8,316.50 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
123.70 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
189.70 |
| 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 |
3,345.40 |
|
Total Net Debt |
3,345.40 |
| C |
Total Capitalisation |
3,535.10 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
1,921.50 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
2,921.50 |
| 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 |
2,921.50 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(574.70) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(474.70) |
| 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 |
12,293.50 |
|
Total Net Debt |
12,293.50 |
| C |
Total Capitalisation |
11,818.80 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
232.40 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
233.40 |
| 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 |
4,836.20 |
|
Total Net Debt |
4,836.20 |
| C |
Total Capitalisation |
5,069.60 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(914.60) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(414.60) |
| 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 |
3,157.70 |
|
Total Net Debt |
5,727.00 |
| C |
Total Capitalisation |
5,312.40 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(1,193.80) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(1,183.80) |
| 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 |
17,725.30 |
|
Total Net Debt |
17,725.30 |
| C |
Total Capitalisation |
16,541.50 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(2,408.80) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
404.30 |
| 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 |
8,082.70 |
|
Total Net Debt |
8,082.70 |
| C |
Total Capitalisation |
8,487.00 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
1,772.00 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
5,172.00 |
| 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 |
1,657.00 |
|
Total Net Debt |
1,657.00 |
| C |
Total Capitalisation |
6,829.00 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
1,970.40 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
2,345.40 |
| 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 |
5,026.40 |
|
Total Net Debt |
5,026.40 |
| C |
Total Capitalisation |
7,371.80 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
4,385.20 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
4,396.10 |
| 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 |
8,593.10 |
|
Total Net Debt |
8,593.10 |
| C |
Total Capitalisation |
12,989.20 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(594.10) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(584.10) |
| 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 |
11,923.30 |
|
Total Net Debt |
11,923.30 |
| C |
Total Capitalisation |
11,339.20 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(2,398.10) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(2,393.10) |
| 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 |
17,702.40 |
|
Total Net Debt |
17,702.40 |
| C |
Total Capitalisation |
15,309.30 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
469.60 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
470.90 |
| 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 |
16,223.00 |
|
Total Net Debt |
16,223.00 |
| C |
Total Capitalisation |
16,693.90 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
(1,334.20) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
1,009.20 |
| 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 |
5,867.70 |
|
Total Net Debt |
5,867.70 |
| C |
Total Capitalisation |
6,876.90 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
2,207.20 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
2,217.20 |
| 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 |
824.80 |
|
Total Net Debt |
824.80 |
| C |
Total Capitalisation |
3,042.00 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
1,781.10 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
1,791.10 |
| 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 |
1,791.10 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 |
0.00 |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
100.00 |
| 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 |
100.00 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| A |
For HoldCos and Directly held SPVs |
Amount |
|
Name of Holdcos/SVPs |
MLG Warehousing 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 |
(427.10) |
| 3 |
Reserve & Surplus |
0.00 |
| 4 |
Instruments entirely equity in nature |
0.00 |
|
Total Shareholders Funds |
(426.10) |
| B |
Borrowings |
|
| 1 |
Long Term Borrowings |
|
12,309.80 |
| 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 |
12,309.80 |
| C |
Total Capitalisation |
11,883.70 |
| 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 |
01-10-2025 |
| 2 |
Date of end of reporting period |
31-12-2025 |
| 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 : |