Mindspace Business Parks REIT has informed that the Executive Committee of the Manager at its meeting held on Friday, March 3, 2023 had, approved the issuance of green debt security in the form of listed, rated, secured, non-cumulative, taxable, transferable, redeemable nonconvertible debentures each by way of private placement. The Executive Committee of the Manager at its meeting held today, Wednesday, March 15, 2023 has approved the allotment of 55,000 green debt securities in the form of listed, rated, secured, noncumulative, taxable, transferable, redeemable non-convertible debentures (Debentures) of INR 1,00,000 each (Indian Rupees one lakh only) aggregating to INR 550,00,00,000 (Indian Rupees five hundred and fifty crores only) by way of private placement, as per the terms and conditions as mentioned in the private placement memorandum dated March 9, 2023, and other relevant transaction documents executed in relation to the green debt securities.
The above information is a part of company’s filings submitted to BSE.
