Mindspace Business Parks REIT files FY26 insider trading compliance certificate
Mindspace Business Parks REIT filed its FY26 Structured Digital Database Compliance Certificate, confirming the capture of all 17 UPSI events. The certificate, issued by Chandrasekaran Associates, verifies the database is non-tamperable with an 8-year retention period. The filing adheres to SEBI (Prohibition of Insider Trading) Regulations, 2015.

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Mindspace Business Parks REIT has submitted its Structured Digital Database Compliance Certificate for the financial year ended March 31, 2026, confirming adherence to SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing, submitted to the National Stock Exchange of India Limited and BSE Limited, verifies that the REIT maintained a non-tamperable database capturing all Unpublished Price Sensitive Information (UPSI) during the period. This compliance ensures that access to sensitive data is controlled and that an audit trail is preserved for eight years.
The certificate was issued by Chandrasekaran Associates, Company Secretaries, following an examination of the records maintained by K Raheja Corp Investment Managers Private Limited, acting as the manager to the REIT. The certification process relied on management representations and explanations provided by the Compliance Officer of the Manager. The scope of the review was limited to the examination of the Structured Digital Database (SDD) and related documents, and it does not constitute an audit or investigation.
Key Compliance Metrics
The certification confirms that Mindspace Business Parks REIT met specific regulatory requirements regarding the handling of insider trading information. The REIT was required to capture 17 events during the financial year and successfully recorded all of them in the database.
| Compliance Parameter | Status |
|---|---|
| Structured Digital Database (SDD) | In place |
| Access Control | Established |
| UPSI Events Captured | 17 out of 17 |
| Record Retention Capability | 8 years |
| Database Nature | Non-tamperable |
The system captured the nature of UPSI along with the precise date and time of dissemination. The database is maintained internally, ensuring that an audit trail is available for scrutiny. The certification confirms that the software used is capable of retaining records for the mandatory period of eight years following the completion of relevant transactions.
Regulatory Context
The submission was made pursuant to Regulation 3(5) & 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. This regulation mandates the maintenance of a Structured Digital Database to record the sharing of Unpublished Price Sensitive Information. The filing also references NSE Circular No. NSE/CML/2024/31 and BSE Circular No. 20241018-44, both dated October 18, 2024, which outline the Standard Operating Process for these compliance requirements.
The certificate explicitly states that it is neither an assurance of the future viability of the REIT nor a comment on the efficiency of the management's conduct of affairs. It is intended solely for the purpose of the aforesaid regulations and should not be circulated or quoted for any other objective. The responsibility for implementing the SDD, including controlling access and ensuring system adequacy, rests with the management of the Manager.
Historical Stock Returns for Mindspace Business Parks REIT
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.02% | -0.34% | -0.88% | -0.02% | +16.64% | +67.97% |
How will Mindspace Business Parks REIT leverage the established non-tamperable database to enhance transparency for investors in future financial disclosures?
What potential impact will the October 2024 circulars from NSE and BSE have on the operational costs of maintaining compliance for other REITs in the market?
Could the successful capture of all 17 UPSI events set a new benchmark for regulatory compliance within the Indian real estate investment trust sector?


































