
Rating24 Sept 2026, 09:59 pm
Mindspace REIT Affirmed CRISIL AAA/Stable Rating on NCDs
AI Summary
Mindspace Business Parks REIT has announced the reaffirmation of its 'CRISIL AAA/Stable' rating by CRISIL Ratings Limited for its non-convertible debentures (NCDs). The rating applies to a total of INR 7,315 Crore across various NCD issuances. This highest-grade rating signifies the utmost safety and lowest credit risk associated with the REIT's financial obligations. The rating remains under continuous surveillance by CRISIL, with the possibility of revision based on new information or market conditions. The REIT is required to provide ISIN details for all issuances against this rating to CRISIL.
Key Highlights
- CRISIL reaffirms 'AAA/Stable' rating on Mindspace REIT's NCDs.
- Rating covers INR 7,315 Crore across multiple NCD issuances.
- Indicates highest degree of safety and lowest credit risk.
- Rating is under continuous surveillance by CRISIL.
- REIT to provide ISIN details for all rated NCD issuances.
Price Impact
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