Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Mindspace Business Parks REIT has filed a CFO certification confirming the use of proceeds from its Commercial Paper issue. The CP, with ISIN INE0CCU14104, was issued on August 5, 2025, raising Rs. 595.95 crore (against a maturity value of Rs. 600 crore) through 12,000 units of face value Rs. 5 lakh each. The CP matures on September 15, 2025. The proceeds were used to repay financial indebtedness of the REIT and its Group SPVs, including replenishing overdrafts and letter of credit facilities, by extending loans to those SPVs. The filing complies with SEBI's Master Circular on listing conditions for commercial papers.
This is a routine regulatory disclosure confirming that the CP proceeds were used as intended — for debt repayment within the REIT group. No new fundraising or material business change is involved; neutral impact for unit holders.