Mindspace Business Parks REIT Releases Post-Allotment Unit Holding Pattern After Preferential Allotment of 1,36,50,506 Units

Mindspace Business Parks REIT has filed its post-allotment unit holding pattern with the stock exchanges on May 15, 2026, following the preferential allotment of 1,36,50,506 units on May 07, 2026. The disclosure was made pursuant to SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/99 dated July 11, 2025, as amended. The filing was submitted by Mridul Gupta, Company Secretary and Compliance Officer, on behalf of K Raheja Corp Investment Managers Private Limited, acting as the Manager to Mindspace Business Parks REIT. Post allotment, the total outstanding units of the REIT stand at 66,19,93,482.

Sponsor and Sponsor Group Unit Holding

Following the preferential allotment, the Sponsor and Sponsor Group collectively hold 44,54,23,863 units, representing 67.29% of the total outstanding units. Of these, 27,40,26,150 units (61.52% of total units held by the Sponsor and Sponsor Group) are mandatorily held, while 13,63,94,182 units (30.62% of total units held) are pledged or otherwise encumbered. The entire Sponsor and Sponsor Group holding is held by Indian entities, with no foreign sponsor holding reported.

The category-wise breakdown of Sponsor and Sponsor Group holding is presented below:

Category:	No. of Units Held	As a % of Total Outstanding Units	Mandatorily Held (Units)	Pledged/Encumbered (Units)
Individuals / HUF	10,90,00,099	16.47%	10,90,00,099	0
Bodies Corporates	32,42,31,024	48.98%	15,28,33,311	13,63,94,182
Trust	1,21,92,740	1.84%	1,21,92,740	0
Sub-Total (A)(1) – Indian	44,54,23,863	67.29%	27,40,26,150	13,63,94,182
Sub-Total (A)(2) – Foreign	0	0.00%	0	0
Total Sponsor & Sponsor Group	44,54,23,863	67.29%	27,40,26,150	13,63,94,182

Sponsors Unitholding

The two named sponsors and their respective unit holdings are detailed below:

Sponsor:	No. of Units Held	As a % of Total Outstanding Units	Mandatorily Held (Units)	% of Units Held	Pledged (Units)	% of Units Held
Anbee Constructions LLP	3,93,86,274	5.95%	2,95,68,836	75.07%	98,17,438	24.93%
Cape Trading LLP	3,94,20,279	5.95%	3,94,20,279	100.00%	0	0.00%

Sponsor Group Unitholding

The Sponsor Group comprises multiple entities and individuals from the Raheja family and associated LLPs and companies. Key holdings within the Sponsor Group are as follows:

Sponsor Group Member:	No. of Units Held	As a % of Total Outstanding Units	Mandatorily Held (Units)	% of Units Held	Pledged (Units)	% of Units Held
Casa Maria Properties LLP	5,05,51,900	7.64%	2,60,31,396	51.49%	2,45,20,504	48.51%
Capstan Trading LLP	4,48,26,900	6.77%	1,33,90,061	29.87%	3,14,36,839	70.13%
Palm Shelter Estate Development LLP	4,48,26,917	6.77%	1,76,36,369	39.34%	2,71,90,548	60.66%
Raghukool Estate Development LLP	4,57,35,727	6.91%	2,67,86,370	58.57%	1,89,49,357	41.43%
K Raheja Corp Private Limited	3,65,96,296	5.53%	0	0.00%	2,44,79,496	66.89%
Chandru Lachmandas Raheja	3,74,70,664	5.66%	3,74,70,664	100.00%	0	0.00%
Jyoti Chandru Raheja	2,24,00,495	3.38%	2,24,00,495	100.00%	0	0.00%
Genext Hardware & Parks Private Limited	2,28,86,731	3.46%	0	0.00%	0	0.00%
Sumati Ravi Raheja	1,64,97,563	2.49%	1,64,97,563	100.00%	0	0.00%
Neel Chandru Raheja	1,36,46,378	2.06%	1,36,46,378	100.00%	0	0.00%
Jaya Neel Raheja	1,09,18,092	1.65%	1,09,18,092	100.00%	0	0.00%
Ravi Chandru Raheja*	83,13,963	1.26%	83,13,963	100.00%	0	0.00%
Ravi Chandru Raheja	80,66,907	1.22%	80,66,907	100.00%	0	0.00%
Chandru Lachmandas Raheja*	38,78,777	0.59%	38,78,777	100.00%	0	0.00%

*Held for and on behalf of Ivory Property Trust

Public Unit Holding

The public unitholders collectively hold 21,65,69,619 units, representing 32.71% of the total outstanding units. Institutional investors account for 14,09,61,288 units (21.29%), while non-institutional investors hold 7,56,08,331 units (11.42%). The public unitholding data is based on the beneficiary position as on May 01, 2026, and the percentage of total outstanding units is calculated on the basis of total units post allotment.

Public Holding Category:	No. of Units Held	As a % of Total Outstanding Units
Mutual Funds	3,05,47,185	4.61%
Foreign Portfolio Investors	8,48,24,235	12.81%
Insurance Companies	2,15,08,339	3.25%
Provident/Pension Funds	19,50,243	0.29%
Financial Institutions/Banks	7,11,731	0.11%
Alternative Investment Funds	14,19,555	0.21%
Sub-Total (B)(1) – Institutions	14,09,61,288	21.29%
Individuals / HUF	5,86,55,993	8.86%
Bodies Corporates	1,44,20,257	2.18%
Non-Resident Indians	24,77,843	0.37%
Trusts	54,097	0.01%
Clearing Members	131	0.00%
Foreign National	10	0.00%
Sub-Total (B)(2) – Non-Institutions	7,56,08,331	11.42%
Total Public Holding	21,65,69,619	32.71%

Public Unitholders Holding More Than 1% of Total Outstanding Units

Among public unitholders, three entities hold more than 1% of the total outstanding units post allotment:

Unitholder:	No. of Units Held	As a % of Total Outstanding Units
Capital Income Builder	2,98,92,332	4.51%
ICICI Prudential Balanced Advantage Fund	1,78,39,340	2.69%
Smallcap World Fund, Inc	90,00,000	1.35%

Total Outstanding Units Post Allotment

Following the preferential allotment of 1,36,50,506 units on May 07, 2026, the total outstanding units of Mindspace Business Parks REIT stand at 66,19,93,482. The Sponsor and Sponsor Group account for 67.29% of this total, while the public holds the remaining 32.71%, as summarised below:

Holding Category:	No. of Units Held	As a % of Total Outstanding Units
Sponsor & Sponsor Group (A)	44,54,23,863	67.29%
Public Holding (B)	21,65,69,619	32.71%
Total Units Outstanding (C) = (A) + (B)	66,19,93,482	100.00%

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.00%	-0.29%	-3.71%	+0.12%	+18.19%	+58.96%

Mindspace Business Parks REIT has successfully completed the full redemption of its commercial paper amounting to INR 540 crores on May 15, 2026. The redemption was executed on the due date, with all payment obligations fulfilled and no outstanding dues remaining. The intimation was filed pursuant to the SEBI Master Circular no. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025.

Redemption Details

The commercial paper was issued on a private placement basis and redeemed in full upon maturity. The instrument comprised 10,800 commercial papers, each carrying a face value of INR 5,00,000, issued at a discounted value of INR 4,74,435 each. The following table summarises the key details of the redemption:

Parameter:	Details
Type of Redemption:	Full
Reason for Redemption:	Maturity
Quantity Redeemed:	10,800 Commercial Papers (Private Placement)
Face Value per CP:	INR 5,00,000
Discounted Issue Value per CP:	INR 4,74,435
Due Date for Redemption:	15/05/2026
Actual Date of Redemption:	15/05/2026
Amount Redeemed:	INR 540,00,00,000
Outstanding Amount:	Nil

Compliance and Regulatory Filing

The redemption intimation was submitted to both the National Stock Exchange of India Ltd. and BSE Limited by K Raheja Corp Investment Managers Private Limited, acting as the Manager to Mindspace Business Parks REIT. The filing was signed by Mridul Gupta, Company Secretary & Compliance Officer, on May 15, 2026. The REIT has also requested the delisting of scrip code '729884' from the exchanges following the completion of this redemption.