Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
K Raheja Corp Investment Managers, acting as Manager to Mindspace Business Parks REIT, held a board meeting on March 11, 2026. The Board noted the resignation of Mr. Bharat Sanghavi as Company Secretary and Compliance Officer of Mindspace REIT, effective from the close of business hours on March 11, 2026. Based on the Nomination and Remuneration Committee's recommendation, the Board approved the appointment of Mr. Mridul Gupta, an associate member of the Institute of Company Secretaries of India, as the new Company Secretary and Compliance Officer with effect from March 12, 2026. Additionally, the Board noted a proposed reduction of share capital of Mack Soft Tech Private Limited, an Asset SPV of Mindspace REIT, which is subject to receipt of necessary regulatory and other approvals.
This is largely an administrative update: the compliance officer change is a routine succession with no disruption to operations. The capital reduction proposal at the SPV level is only 'noted' by the Board at this stage and remains subject to regulatory clearances, so it has no immediate material impact on unitholders.