Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Mindspace Business Parks REIT held its 5th Annual Meeting of Unitholders on June 24, 2025, via video conferencing. Two resolutions were put to vote and both passed with near-unanimous approval: (1) adoption of audited standalone and consolidated financial statements for FY ending March 31, 2025, and (2) adoption of the valuation report by KZEN Valtech Private Limited for the REIT's portfolio as at March 31, 2025. Out of 60.92 crore total units, 51.67 crore units voted, representing 84.82% participation. Of the valid votes cast, 99.9999% (51,67,14,069 units) were in favour of both resolutions, with only 507 votes against each. Chandrasekaran Associates, Practicing Company Secretaries, served as the scrutinizer for the e-voting process.
This is a routine regulatory disclosure confirming shareholder approval of the REIT's FY25 audited financials and portfolio valuation. The overwhelming approval (essentially unanimous) signals strong unitholder confidence and has no material impact on the unit price.