Description

NSE notifies listing of 13,650,506 units of Mindspace Business Parks REIT (Symbol: MINDSPACE, Series: RR) allotted on preferential basis, effective May 12, 2026.

Summary

NSE has notified the listing of 13,650,506 units of Mindspace Business Parks REIT (Symbol: MINDSPACE, Series: RR, ISIN: INE0CCU25019) on the Capital Market segment, effective May 12, 2026. The units were allotted on a preferential basis on May 7, 2026, at an issue price of ₹484.89 per unit and are pari passu with existing units.

Key Points

  • Symbol: MINDSPACE, Series: RR
  • ISIN: INE0CCU25019
  • Total units listed: 13,650,506
  • Issue price: ₹484.89 per unit
  • Date of allotment: May 7, 2026
  • Pari passu with existing units: Yes
  • Effective date on NSE: May 12, 2026
  • Units subject to lock-in as per Annexure I

Regulatory Changes

No new regulatory changes introduced. Listing is pursuant to Regulation 3.1.1 and lot size determination under Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Compliance Requirements

  • Trading members must use the designated security code (MINDSPACE) and applicable lot sizes for all transactions.
  • Lock-in restrictions must be observed as per Annexure I; locked-in units cannot be traded until respective lock-in expiry dates.

Important Dates

  • Date of allotment: May 7, 2026
  • Effective listing date on NSE: May 12, 2026
  • Lock-in expiry dates: May 14, 2027 (for majority of units) and May 14, 2029 (for a portion of units)

Impact Assessment

The listing adds approximately 13.65 million new units of Mindspace Business Parks REIT to the tradeable float on NSE, though a significant portion is subject to lock-in until 2027 or 2029. The preferential allotment at ₹484.89 may influence market price discovery. Existing unitholders should note the increase in total unit count. The lock-in structure limits near-term selling pressure from allottees.

Impact Justification

Routine preferential allotment listing of REIT units with lock-in restrictions; affects existing and potential unitholders of Mindspace Business Parks REIT but is a standard corporate action.