Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue

Mindspace Business Parks REIT has completed two acquisitions — 100% equity stake in Content Properties Private Limited and Sycamore Properties Private Limited — both holding land and commercial buildings in Chennai's Pallikaranai area. As purchase consideration, the Allotment Committee approved preferential allotment of 63,99,388 units (worth ~₹310 crore) to Content shareholders and 72,71,748 units (worth ~₹353 crore) to Sycamore shareholders, all at Rs. 484.89 per unit. Total consideration units: 1,36,71,136 units (~₹663 crore). These acquisitions add approximately 20.65 lakh sq ft of chargeable area, including one under-construction block.