New Delhi, Oct. 13 -- Kautilya Finance, a real estate investment platform backed by the Washington State Investment Board (WSIB), has reportedly exited its non-convertible debenture (NCD) investments in Delhi-based developer DASNAC. According to a report by Money Control, the move comes after generating aggregate cash proceeds of around Rs.550 crore in FY26, as per the company.

The exit concludes a multi-year investment relationship through foreign portfolio investor (FPI) and alternative investment fund (AIF) structures. The proceeds include repayments of the invested principal and contractual interest earned on the portfolio, reported the publication.

Kautilya Finance BV, the Netherlands-based FPI managed by Aevitas Property Partners,...