StockWatch
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Real Estate Investment Trusts (REITs)
Board Meeting6 Aug 2026, 01:52 pm

Mindspace REIT Approves Q2 2026 Results, Dividend, and Acquisitions

AI Summary

Mindspace Business Parks REIT's Board of Directors, on August 5, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The REIT declared a distribution of ₹6.67 per unit, totaling ₹4,415.50 million, comprising a dividend of ₹3.34 per unit and a Holdco/SPV debt repayment of ₹3.33 per unit. A record date of August 8, 2026, and payment by August 14, 2026, were set. Additionally, the REIT approved the acquisition of two office units in Hyderabad for up to ₹1,250 million and the leasing of hotel spaces in Pune and Hyderabad to Chalet Hotels Limited. The financial results will be published in newspapers as a corporate governance practice.

Key Highlights

  • Approved Q2 2026 unaudited financial results.
  • Declared ₹6.67 per unit distribution, including dividend and debt repayment.
  • Acquired two office units in Hyderabad for up to ₹1,250 million.
  • Approved leasing of hotel spaces in Pune and Hyderabad.
  • Record date for distribution set for August 8, 2026.