Mindspace Business Parks REIT has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q1 FY 2025-26
Awaiting price reaction for this filing.
K Raheja Corp Investment Managers Pvt Ltd, the manager of Mindspace Business Parks REIT, has submitted its quarterly Corporate Governance Compliance Report for the quarter ended June 30, 2025, as required under SEBI REIT Regulations. The REIT's Board has 9 directors — 5 independent (including Chairperson Deepak Ghaisas) and 4 non-independent — with two new additions in FY25: Akshaykumar Chudasama (March 6, 2025) and Ramesh Kumar Nair (April 30, 2025). One Board meeting was held during the quarter (April 30, 2025) with 8 directors and 4 independents present, meeting quorum. The Audit, Nomination & Remuneration, Stakeholders' Relationship, and Risk Management committees are all constituted in line with SEBI norms, and the report confirms full compliance with all governance affirmations.
This is a routine regulatory filing with no material business or price-sensitive information. It simply confirms the REIT is meeting SEBI's corporate governance requirements, so it should have no direct impact on unit price or unitholder interests.