Mindspace Business Parks REIT pays interest on NCDs for Q1FY27
Mindspace Business Parks REIT paid interest on 14 NCD series for the quarter ended June 30, 2026, and redeemed the Rs. 500 crore principal for Series 6 NCDs on maturity. All payments were settled on June 29, 2026, confirming no unpaid obligations as of the due date.

*this image is generated using AI for illustrative purposes only.
Mindspace Business Parks REIT has paid interest on multiple Non-Convertible Debenture (NCD) series for the quarter ended June 30, 2026. The REIT also completed the full redemption of the principal amount for its Series 6 NCDs. The payments were made on June 29, 2026, one day prior to the scheduled due date of June 30, 2026.
K Raheja Corp Investment Managers Private Limited, acting as the manager to Mindspace Business Parks REIT, submitted the compliance certificate to BSE Limited. The filing confirmed that all interest obligations for the specified NCDs due on June 30, 2026, were settled without delay. The REIT also confirmed there are no unpaid obligations regarding interest or principal for these securities as of June 30, 2026.
Interest Payment Details
The interest payments covered 14 different NCD series, with issue sizes ranging from Rs. 340 crore to Rs. 1,200 crore. The frequency of payments was quarterly for most series, except for Series 13, which followed a half-yearly schedule. The record date for interest payments across all series was June 15, 2026.
| Series | ISIN | Issue Size (Rs.) | Interest Paid (Rs.) | Frequency |
|---|---|---|---|---|
| Series 4 | INE0CCU07066 | 500,00,00,000 | 9,61,29,661 | Quarterly |
| Series 6 | INE0CCU07082 | 500,00,00,000 | 9,66,09,591 | Quarterly |
| Series 7 | INE0CCU07090 | 500,00,00,000 | 10,01,00,000 | Quarterly |
| Series 8 | INE0CCU07108 | 340,00,00,000 | 6,72,20,330 | Quarterly |
| Series 9 | INE0CCU07116 | 500,00,00,000 | 9,92,27,400 | Quarterly |
| Series 10 | INE0CCU07124 | 650,00,00,000 | 12,86,71,507 | Quarterly |
| Series 11 | INE0CCU07132 | 500,00,00,000 | 9,39,92,000 | Quarterly |
| Series 12 | INE0CCU07140 | 600,00,00,000 | 10,77,06,000 | Quarterly |
| Series 13 | INE0CCU07157 | 550,00,00,000 | 20,22,09,233 | Half-yearly |
| Series 14 | INE0CCU07165 | 600,00,00,000 | 10,47,12,600 | Quarterly |
| Series 15 | INE0CCU07173 | 700,00,00,000 | 12,47,56,100 | Quarterly |
| Series 16 | INE0CCU07181 | 1200,00,00,000 | 20,82,31,202 | Quarterly |
| Series 17 | INE0CCU07199 | 560,00,00,000 | 12,86,20,256 | Quarterly |
| Series 19 | INE0CCU07207 | 500,00,00,000 | 5,74,86,500 | Quarterly |
Redemption of Series 6 NCDs
In addition to the interest payments, Mindspace Business Parks REIT redeemed the principal amount for its Series 6 NCDs (ISIN: INE0CCU07082). The redemption was executed on maturity on June 30, 2026. A total of 50,000 NCDs were redeemed, amounting to Rs. 500 crore. Following this redemption, the outstanding principal amount for this series stands at Nil.
Historical Stock Returns for Mindspace Business Parks REIT
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.31% | +5.25% | +5.99% | -0.50% | +19.76% | +72.90% |
How will the redemption of Rs. 500 crore in Series 6 NCDs impact Mindspace REIT's leverage ratio and overall debt profile?
Does Mindspace REIT plan to refinance the redeemed debt or raise new capital to fund future acquisitions or development projects?
What is the REIT's strategy for managing the remaining debt maturities, particularly the large Rs. 1,200 crore Series 16 exposure?































