MBMindspace Business Parks REIT543217Compliance status update

Mindspace REIT files Q2 FY27 corporate governance compliance report

Mindspace Business Parks REIT's Manager has shared the Compliance Report on Corporate Governance for the quarter ended September 30, 2026.

By ScoutQuest · Thu 15 Oct 2026, 4:54 PM IST · 2 min read

Reporting Quarter

quarter ended September 30, 2026

Board Meeting Held

05-08-2026

Board Meeting Attendance

9 directors present, including 5 independent directors

What the update is

K Raheja Corp Investment Managers Private Limited, the Manager to Mindspace Business Parks REIT, has submitted the Compliance Report on Corporate Governance for the quarter ended September 30, 2026 to the National Stock Exchange of India Limited and BSE Limited. It covers the Manager's board and its committees.

How the board is made up

• Mr. Deepak Ghaisas is the Chairperson and is an Independent Director.
• The report states that a regular chairperson has been appointed - Yes, and that the Chairperson is not related to the managing director or CEO.
• Six directors are categorised as Independent: Mr. Deepak Ghaisas, Mr. Bobby Parikh, Ms. Manisha Girotra, Mr. Manish Kejriwal, Mr. Akshaykumar Chudasama and Mr. Sandeep Mathrani.
• Four directors are categorised as Non-Independent: Mr. Ravi C. Raheja, Mr. Neel C. Raheja, Mr. Vinod Rohira and Mr. Ramesh Kumar Nair.
• Tenures shown for the independent directors are 39 months each for Mr. Ghaisas, Mr. Parikh, Ms. Girotra and Mr. Kejriwal, 19 months for Mr. Chudasama and 14 months for Mr. Mathrani.

The four committees

• Audit Committee: chaired by Mr. Bobby Parikh (Independent), with Mr. Deepak Ghaisas, Mr. Akshaykumar Chudasama and Mr. Neel C. Raheja as members.
• Nomination & Remuneration Committee: chaired by Mr. Bobby Parikh, with Ms. Manisha Girotra, Mr. Manish Kejriwal and Mr. Ravi C. Raheja.
• Risk Management Committee: chaired by Mr. Manish Kejriwal, with Mr. Bobby Parikh, Mr. Sandeep Mathrani, Mr. Neel C. Raheja and Mr. Ramesh Nair, and Ms. Preeti Chheda, Chief Financial Officer.
• Stakeholders' Relationship Committee: chaired by Mr. Deepak Ghaisas, with Mr. Akshaykumar Chudasama, Mr. Ravi C. Raheja and Mr. Neel C. Raheja.
• Each of the four committees has a regular chairperson appointed - Yes.

Meetings held in the quarter

• Board of Directors: one meeting on 05-08-2026; the quorum requirement was met, with 9 directors present, of whom 5 were independent directors. The maximum gap between two consecutive board meetings was 36 days.
• Audit Committee: one meeting on 05-08-2026; quorum met, with 4 directors present, of whom 3 were independent directors.
• Stakeholders' Relationship Committee: met on 20-07-2026; quorum met, with 3 directors present, of whom 2 were independent directors. The maximum gap between two consecutive meetings of this committee was 94 days.

What it means for unitholders

This is a governance and compliance disclosure. It sets out the structure of the Manager's board and committees, who chairs them, and how often they met during the quarter ended September 30, 2026. The report shows an independent Chairperson and a board on which independent directors form the majority, with four standing committees, each with a regular chairperson appointed, and all meetings held with the quorum requirement met.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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