Mindspace Business Parks REIT Results Update
Mindspace REIT reported Q1 FY27 financial results with NOI at INR 7,880 million and DPU at INR 6.67. The company also announced expansion plans for new office projects.
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Mindspace REIT reported Q1 FY27 financial results with NOI at INR 7,880 million and DPU at INR 6.67. The company also announced expansion plans for new office projects.
Mindspace Business Parks REIT reported revenue from operations of ₹946.4 Cr (+27.8% YoY) and net profit of ₹271.8 Cr (+62.9% YoY) for Q1 FY27.
Mindspace Business Parks REIT allotted 60,000 non-convertible debentures. The total principal amount aggregates to ₹600 Crore.
Mindspace Business Parks REIT held its 6th Annual Meeting of unitholders on July 24, 2026. The meeting discussed the financial statements and reappointed statutory auditors.
Mindspace Business Parks REIT announced a board meeting for August 5, 2026. The meeting will consider financial results and distribution declarations for the June quarter.
Mindspace Business Parks REIT submitted its quarterly compliance report on corporate governance for Q1 FY 2026-27. The filing details board composition and committee meetings.
ICRA reaffirmed Mindspace REIT's 'AAA/Stable' issuer rating. It also assigned 'AAA/Stable' to INR 510 Crore proposed NCDs and reaffirmed ratings for INR 11,490 Crore debt.
CRISIL reaffirmed Mindspace REIT's 'CRISIL AAA/Stable' corporate and NCD ratings. It also assigned a new 'CRISIL AAA/Stable' rating to a Rs.500 Crore NCD issue.
Mindspace Business Parks REIT approved raising up to ₹17,100 Crore through non‑convertible debentures and commercial papers. The fund will be sourced in multiple tranches.