Mindspace Business Parks REIT has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q3 FY 2025-26
Awaiting price reaction for this filing.
Mindspace Business Parks REIT has filed its quarterly Compliance Report on Corporate Governance for the October-December 2025 quarter with the stock exchanges, as required under SEBI's REIT regulations. The REIT's Manager (K Raheja Corp Investment Managers Pvt Ltd) has a 10-member Board with 6 Independent Directors, headed by Independent Chairperson Deepak Ghaisas, and the Chairperson is not related to the CEO. All four mandatory committees — Audit, Nomination & Remuneration, Risk Management, and Stakeholders' Relationship — are in place with regular Independent Chairpersons. The Board met three times during the quarter (5, 25, and 28 November 2025), the Audit Committee met three times, and the Stakeholders' Relationship and Risk Management Committees each met once. The company confirmed full compliance with SEBI REIT Regulations on Board composition, committee functioning, and meeting procedures, with no adverse observations from the Board.
This is a routine, mandatory regulatory filing that simply confirms Mindspace REIT is following SEBI's corporate governance rules for REITs. It has no direct impact on unit price or distributions, but signals that governance norms are being met, which is a baseline expectation for investors.