Financial Results - REITs or InvITs



General information about REITs or InvITs

Scrip Code 543217
NSE Symbol MINDSPACE
MSEI Symbol NOTLISTED
ISIN INE0CCU25019
Name of Entity Mindspace Business Parks REIT
Class of security - REITs or INVITs REITs
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-04-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-04-2026
Description of presentation currency INR
Level of rounding Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 29-04-2026   15:50:00
End date and time of board meeting 29-04-2026   17:35:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
NDCF applicability SPVs & Trust
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
(a) Revenue from operations 88,995.20 3,21,634.60
(b) Other income
1 Interest income 1,415.40 5,214.90
2 Foreign exchange gain 0.10 0.10
3 Liabilities no longer required written back 714.10 1,194.80
4 Gain on sale of asset 1.00 1.10
5 Fair Value Gain through Profit and Loss for Investment in Overnight Mutual Funds 60.40 624.30
6 Miscellaneous income* 303.20 638.90
Total other income 2,494.20 7,674.10
Total income 91,489.40 3,29,308.70
2 Expenses
(a) Cost of materials consumed 1,550.00 9,224.70
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 1,024.10 3,673.20
(e) Finance costs 21,996.00 83,640.10
(f) Depreciation, depletion and amortisation expense 12,395.80 47,898.00
(g) Other Expenses
1 Management fees (refer note 4) 2,546.60 8,757.90
2 Repairs and maintenance 6,582.90 21,647.80
3 Electricity, water and diesel charges 2,133.60 10,438.60
4 Property tax 2,247.60 8,120.20
5 Other expenses (refer note 3) 4,364.70 15,990.30
Total other expenses 17,875.40 64,954.80
Total expenses 54,841.30 2,09,390.80
3 Total profit/(loss) before exceptional items and tax 36,648.10 1,19,917.90
4 Exceptional items 0.00 (4,475.60)
5 Total profit/(loss) before tax 36,648.10 1,15,442.30
6 Tax expense
7 Current tax 10,703.20 36,350.50
8 Deferred tax 4,867.20 11,457.10
9 Total tax expenses 15,570.40 47,807.60
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement (204.60) 1,791.10
11 Net Profit Loss for the period from continuing operations 20,873.10 69,425.80
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 20,873.10 69,425.80
17 Other comprehensive income net of taxes (10.00) (33.60)
18 Total Comprehensive Income for the period 20,863.10 69,392.20
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 19,855.60 65,185.80
Total profit or loss, attributable to non-controlling interests 1,017.50 4,240.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 19,845.60 65,152.20
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1,017.50 4,240.00
21 Details of unit capital
Paid-up unit capital 18,71,542.60 18,71,542.60
22 Earnings per unit
i Earnings per unit capital for continuing operations
Basic earnings (loss) per unit from continuing operations 3.08 10.55
Diluted earnings (loss) per unit from continuing operations 3.08 10.55
ii Earnings per unit capital for discontinued operations
Basic earnings (loss) per unit from discontinued operations 0 0
Diluted earnings (loss) per unit from discontinued operations 0 0
iii Earnings per unit capital (for continuing and discontinued operations)
Basic earnings (loss) per unit from continuing and discontinued operations 3.08 10.55
Diluted earnings (loss) per unit from continuing and discontinued operations 3.08 10.55
23 Disclosure of notes on financial results Textual Information(1) Textual Information(2)


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 10,644.40
Capital work-in-progress 1,64,545.60
Investment property 27,16,562.00
Goodwill 0.00
Other intangible assets 16.30
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 432.50
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 - Other financial assets 53,052.50
Total of Other non-current financial assets 53,052.50
Total non-current financial assets 53,485.00
Deferred tax assets (net) 5,985.10
Other non-current assets
1 Non-current tax assets (net) 5,130.60
2 Other non-current assets 12,134.70
Total of Other non-current assets 17,265.30
Total non-current assets 29,68,503.70
2 Current assets
Inventories 544.40
Current financial asset
Current investments 0.00
Trade receivables, current 5,211.20
Cash and cash equivalents 1,21,759.00
Bank balance other than cash and cash equivalents 7,861.90
Loans, current 0.00
Other current financial assets
1 Other financial assets 39,453.20
Total of Other current financial assets 39,453.20
Total current financial assets 1,74,285.30
Current tax assets (net)
Other current assets
1 Advance for supply of goods and rendering of services* 3,363.30
2 Balances with government authorities 4,193.40
3 Prepaid expenses 898.00
4 Other receivables 19.40
Total of Other current assets 8,474.10
Total current assets 1,83,303.80
3 Non-current assets classified as held for sale 9,970.30
4 Regulatory deferral account debit balances and related deferred tax Assets 1,474.10
Total assets 31,63,251.90
Unit Capital and liabilities
1 Unit Capital
Unit Capital attributable to owners of parent
Unit capital 18,71,542.70
Other equity (3,66,860.80)
Total equity attributable to owners of parent 15,04,681.90
Non controlling interest 75,001.20
Total Unit Capital 15,04,681.90
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 9,45,391.50
Lease liabilities, non-current 1,303.40
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 - Other financial liabilities 59,967.90
Total of Other non-current financial liabilities 59,967.90
Total non-current financial liabilities 10,06,662.80
Provisions, non-current 746.20
Deferred tax liabilities (net) 63,807.90
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 9,950.40
Total of Other non-current liabilities 9,950.40
Total non-current liabilities 10,81,167.30
Current liabilities
Current financial liabilities
Borrowings, current 3,52,225.00
Lease liabilities, current 186.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2,070.70
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 9,446.90
Total Trade payable 11,517.60
Other current financial liabilities
1 Security deposits 87,264.20
2 Interest accrued but not due on loans from 4,473.10
3 Interest accrued and due on others 285.20
4 Interest accrued but not due on loan from parent 0.00
5 Retention dues payable 5,803.00
6 Employees dues payable 9.90
7 Unpaid Distributions 11.00
8 Capital creditors* 18,997.60
9 Amounts payable to customers 73.00
10 Other liabilities* 645.00
Total of Other current financial liabilities 1,17,562.00
Total current financial liabilities 4,81,490.60
Other current liabilities
1 Unearned rent 6,162.80
2 Advances received from customers# 853.00
3 Statutory dues 5,591.30
4 Other payable*# 5,839.60
Total of Other current liabilities 18,446.70
Provisions, current 187.70
Current tax liabilities (Net) 1,530.50
Deferred government grants, Current
Total current liabilities 5,01,655.50
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability 746.00
Total liabilities 15,83,568.80
Total equity and Liabilities 31,63,251.90
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) CAPITLAL WORK IN PROGRESS INCLUDES INVESTMENT PROPERTY UNDER CONSTRUCTION



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Unaudited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Commercial Real Estate Development 87,365.20 3,14,555.20
2 Power distribution 2,511.80 10,442.90
3 Inter segment elimination 0.00 0.00
Total Segment Revenue 89,877.00 3,24,998.10
Less: Inter segment revenue 881.80 3,363.50
Revenue from operations 88,995.20 3,21,634.60
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Commercial Real Estate Development 57,761.30 2,05,455.00
2 Power distribution 248.00 380.30
3 Inter segment elimination 0.00 0.00
Total Profit before tax 58,009.30 2,05,835.30
i. Finance cost 19,501.80 75,966.00
ii. Other Unallocable Expenditure net off Unallocable income 2,064.00 8,160.30
Profit before tax 36,443.50 1,21,709.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Commercial Real Estate Development 29,90,736.20 29,90,736.20
2 Power distribution 17,340.40 17,340.40
3 Inter segment elimination (1,456.90) (1,456.90)
Total Segment Asset 30,06,619.70 30,06,619.70
Un-allocable Assets 1,56,632.20 1,56,632.20
Net Segment Asset 31,63,251.90 31,63,251.90
4 Segment Liabilities
Segment Liabilities
1 Commercial Real Estate Development 1,94,081.30 1,94,081.30
2 Power distribution 14,357.00 14,357.00
3 Inter segment elimination (1,456.90) (1,456.90)
Total Segment Liabilities 2,06,981.40 2,06,981.40
Un-allocable Liabilities 13,76,587.40 13,76,587.40
Net Segment Liabilities 15,83,568.80 15,83,568.80
Disclosure of notes on segments Textual Information(1) Textual Information(2)


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Unaudited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 10.00 33.60
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (10.00) (33.60)
Disclosure of notes on other comprehensive income Text Block(1) Text Block(2)


Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I
1 Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,15,442.30
2 Adjustments for reconcile profit (loss)
Adjustments for finance costs 83,640.10
Adjustments for decrease (increase) in inventories (131.90)
Adjustments for decrease (increase) in trade receivables, current 3,501.40
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (702.40)
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (2,049.20)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 47,898.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 4,475.60
Adjustments for provisions, current 86.30
Adjustments for provisions, non-current 480.30
Adjustments for other financial liabilities, current 28,504.60
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 5.80
Adjustments for dividend income 0.00
Adjustments for interest income 5,053.20
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (624.30)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (1.10)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 3.10
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 1,60,033.10
Net cash flows from (used in) operations 2,75,475.40
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 34,086.40
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 2,41,389.00
3 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 53,640.50
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 1,27,417.80
Proceeds from sales of investment property 7.10
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 42,800.80
Purchase of other long-term assets 43.70
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 3,618.80
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 5,348.40
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (9.70)
Net cash flows from (used in) investing activities (1,29,336.60)
4 Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing unit 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares/units 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 6,63,864.20
Proceeds from borrowings 4,19,501.30
Repayments of borrowings 9,42,058.50
Payments of lease liabilities 207.90
Dividends paid 1,52,670.50
Interest paid 80,243.30
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (61.40)
Net cash flows from (used in) financing activities (91,876.10)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 20,176.30
5 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 20,176.30
Cash and cash equivalents cash flow statement at beginning of period 16,099.40
Cash and cash equivalents cash flow statement at end of period 36,275.70



Other inflows (outflows) of cash(operating activities)


Other inflows (outflows) of cash(Investing Activities) proceeds from sale of long term asset includes net movement for FD and Mutual fund Adjustments for net gains on fair value of mutual funds measured at fair value through profit and loss considered in other inflow or outflow


Other inflows (outflows) of cash (Financing Activities) proceeds from debenture and CP is net of issue cost


Disclosure of notes on cash flow statement, indirect


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Avacado Properties & Trading Ind Pvt Ltd
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 2,895.90
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 38.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 38.00
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 32.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 150.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 150.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 2,751.90
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Mindspace Business Parks Pvt.Ltd
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 13,045.00
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 1,697.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 1,697.00
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 6.60
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 6.60
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 1,506.50
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 1,432.10
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 1,432.10
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 11,810.00
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Horizon View Properties Pvt.Ltd.
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 3,144.50
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 42.10
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 42.10
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 372.70
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 12.40
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 12.40
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 2,801.50
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Gigaplex Estate Private Limited
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 12,534.10
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 250.60
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 250.60
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 1,200.80
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 98.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 98.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 11,485.90
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project KRC Infra and Projects Private Limited
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 8,096.00
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 88.30
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 88.30
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 1,415.80
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 1.10
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 1.10
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 6,767.40
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Intime Properties Limited
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 5,471.80
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 463.80
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 463.80
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 4.30
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 266.90
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 266.90
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 5,664.40
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project K.Raheja IT Park (Hyd) Ltd
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 5,660.80
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 27.30
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 27.30
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 16.70
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 172.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 172.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 5,499.40
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Sundew Properties Limited
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 10,484.50
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 70.50
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 70.50
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 129.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 635.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 635.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 9,791.00
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Mack Soft Tech Private Limited
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 957.50
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 237.40
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 237.40
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.40
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 1,194.50
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project PRAMAAN PROPERTIES PVT.LTD
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 2,184.50
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 72.50
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 72.50
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 960.70
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 176.10
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 176.10
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 1,120.20
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Sundew Real Estate Private Limited
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 979.10
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 0.00
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 422.90
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 3.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 3.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 553.20
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Energispace Pvt Ltd
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 0.00
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 0.00
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 0.00
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Sustain Properties Private Ltd
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 4,172.30
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
f Sum of other Cash flows not included above
Details of other Cash flows not included above
417.23
Total (1)
2 Add: Treasury income / income from investing activities
a Interest income received from FD 59.60
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 59.60
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 4.70
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 4,227.20
Notes:


Statement of Net Distributable Cash Flows (NDCF) - Trust

Amount in (Lakhs)

A Name of Project Mindspace Business Parks REIT
B Date of start of reporting period 01-01-2026
C Date of end of reporting period 31-03-2026
Sr. Particulars Amount
Cashflows from operating activities of the Trust (936.20)
1 Add: Cash Flows received from SPV's / Investment entities which represent distributions of NDCF computed as per relevant framework
1 Cash flows received from SPV’s / Investment entities which represent distributions of NDCF computed as per relevant framework 59,897.10
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Cash flows received from SPV’s / Investment entities which represent distributions of NDCF computed as per relevant framework
Total (1) 59,897.10
2 Add: Treasury income / income from investing activities of the Trust
a Interest income received from FD 463.50
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 34.40
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.00
Details of other income not included above
Total (2) 497.90
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 16,108.50
6 Less: Debt repayment (to include principal repayments as per scheduled EMI's except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow at Trust level 43,350.30
Notes:


Statement of Net Assets at Fair Value (NAV)

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Sr. Particulars Book Value Fair Value
A Total Assets 31,63,251.90 51,53,754.00
B Total Liabilities 15,83,568.80 15,58,404.80
C Net Assets (A - B) 15,79,683.10 35,95,349.20
D Less: Non-Controlling Interest 75,001.20 1,78,534.60
E Net Assets attributable to unitholders (C-D) 15,04,681.90 34,16,814.60
F No. of Units 648342976 648342976
G NAV per unit (E/F) 232.08 527.01
Disclosure of notes on net assets at fair value Text Block(1) Text Block(2)




Statement of Total Returns at Fair Value

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Particulars Amount
1 Total Comprehensive Income (As per the Statement of Profit and loss) 65,152.20
Add/Less: Other Changes in Fair Value not recognized in Total Comprehensive Income
1 Other Change in Fair Value not recognised in Total Comprehensive Income 6,87,723.30
Total Other Changes in Fair Value not recognized in Total Comprehensive Income 6,87,723.30
Total Return 7,52,875.50
Disclosure of notes on total returns at fair value


Statement of Net Borrowings Ratio

Amount in (Lakhs)

Sr. Particulars Amount
A Borrowings [Refer Notes 1 & 2] 13,02,089.60
B Deferred Payments [Refer Notes 1 & 3] 0.00
C Cash and Cash Equivalents [Refer Notes 1 & 3] 1,21,759.00
D Aggregate Borrowings and Deferred Payments net of Cash and Cash Equivalents (A+B-C) 11,80,330.60
E Value of REIT/InVIT assets [Refer Notes 3 & 4] 49,71,161.00
F Net Borrowings Ratio (D/E) 0.24
Disclosure of notes on net borrowings ratio


Statement of Changes in Unitholders Equity

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
1 Balance at the beginning of the current reporting period 16,89,640.40
2 Changes in Unit Capital due to prior period errors 0.00
3 Restated balance at the beginning of the current reporting period 16,89,640.40
4 Changes in Unit Capital due to prior period errors 1,81,902.30
5 Balance at the end of the current reporting period 18,71,542.70
Disclosure of notes on changes in unit capital Textual Information(1)


Textual Information(1) THIS INCLUDES INR 10000 CORPUS


Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated

B(i). Other Equity

Share application money pending allotment Equity component of compound financial instruments Reserves and Surplus Debt instruments through Other Comprehensive Income Equity Instruments through Other Comprehensive Income Effective portion of Cash Flow Hedges Revaluation Surplus Exchange differences on translating the financial statements of a foreign operation Other items of Other Comprehensive Income (specify nature) Money received against share warrants Distribution- Repayment of Capital Total
Capital Total Reserve Securities Premium Other Reserves (specify nature) Retained Earnings
1 Balance at the beginning of the current reporting period (2,52,766.20) (31,429.90) (2,84,196.10)
2 Changes in accounting policy or prior period errors 0.00 0.00 0.00
3 Restated balance at the beginning of the current reporting period (2,52,766.20) (31,429.90) (2,84,196.10)
4 Total Comprehensive Income for the current year 65,152.20 0.00 65,152.20
5 Dividends (77,450.20) (70,366.70) (1,47,816.90)
6 Transfer to retained earnings 0.00 0.00 0.00
7 Any other change 0.00 0.00 0.00
8 Balance at the end of the current reporting period (2,65,064.20) (1,01,796.60) (3,66,860.80)
9 Details of any other change (If figures reported in No. 7)


Details of Funds raised through Debt - Consolidated basis

Amount in (Lakhs)

Sr no. Types of Borrowings Opening Outstanding Raised During the period Repaid during the period Closing Outstanding
1 Borrowings from Domestic - Banks/ Financial Institutions (including term loans) 2,81,447.70 2,32,406.10 91,590.30 4,22,263.50
2 Non-Convertible Debentures (NCDs) 8,73,296.30 56,000.00 53,943.40 8,75,352.90
3 Non-Convertible Preference Shares (NCRPs) 0.00 0.00 0.00 0.00
4 ECBs 0.00 0.00 0.00 0.00
Whether fund raised through debt consolidated other than above? No


Details of funds raised through debt consolidated basis explanatory amount raised during the quarter also includes loan of Pramaan 8392 and Sundew Real Estate 2291 on account of acquition n Funds raised and paid through Commercial paper during the period have been included in Non Convertible Debentures line item in XBRL since there is no separate line item for Commercial paper in XBRL n n Borrowings from Domestic Banks Financial Institutions including term loans repaid during the period includes movement in Overdraft facilities LOC and Intercompany borrowing n


Details of Borrowing / Debt (Raised during the period)

Debt securities (NCDs) Loans / ECB Preference Capital (NCRPS)
Sr no. InvIT / HoldCo / SPVs ISIN Amount raised Coupon Rate Interest payment frequency Secured/unsecured Tenure (in months) Assets on which charge is created, if any Name of the lender Amount Assets on which charge is created, if any Tenure (in months) Name of the lender Amount Assets on which charge is created, if any Tenure (in months)
1 SPVs INEOCCU00000 0.00 0.00 NA Secured P0M NA HDFC BANK 6,600.00 First Ranking Exclusive charge on the Building known as Raheja Ascent located along Sudan Kalu Ahire Marg on leasehold plot bearing C S no 2 1629 and 1A 1629 of Division Lower Pare Plot No 249 249A 249B of Worli Scheme No 52 GS Ward Mumbai Maharashtra 400030 with total built up area of 60021 B sq ft and leasable area of 452615 sq ft Property having total leasable area of 452615 sq ft and proportionate share interest in the Project Land attributable to Property including common area and right to use parking spaces in the Project premises P180M NA 0.00 NA P0M
2 SPVs INEOCCU00000 0.00 0.00 NA Secured P0M NA PNB 21,500.00 Term loan from Punjab National Bank is secured byn Exclusive charge by way of registered mortgage over Property Building 2 Building 9 and Building 10 situated at Mindspace Airoli TTC Industrial Area MIDC Navi Mumbain Exclusive charge by way of Hypothecation over rent receivables cashflows arising from Property and all movable fixed assets and all current assets in relation to the PropertynFirst Pari passu charge by way of Registered Mortgage on the proportionate beneficial right title and interest of the Borrower over all that piece and parcel of leasehold land being Plot no 3 aggregating 199597 sq mts or thereabout lying being and situated at village Ilthan and Airoli Taluka situated at MIDC TTC Industrial Area Kalwa Navi Mumbai in the registration district Thane and registration subdistrict Thane suburban P0M NA 0.00 0 P0M
3 SPVs INE0CCU07199 56,000.00 7.17 Quarterly Secured P36M NCD Series 17 are secured by each of the following security in favour of the Debenture Trustee nFirst exclusive mortgage and charge over the rights title benefit and interest of the Asset SPV Horizonview Properties Private Limited in the Commerzone Porur Tower A & B covering 547869 sq ft of carpet area in respect of the Mortgaged Immoveable Properties in favour of the Debenture TrusteenFirst exclusive mortgage and charge over all the rights title interest and benefit of the Asset SPV in respect of the Mortgaged Moveable Propertiesn Corporate Guarantee executed by Horizonview NA 0.00 NA P0M NA 0.00 NA P0M


Disclosures of Ratios

Amount in (Lakhs)

Whether the REITS/INVITS have any outstanding borrowings? Yes
Sr. No Particulars Ratio Remarks
1 Debt equity ratio 0.83
2 Debt service coverage ratio 2.90
3 Interest service coverage ratio 3.38
4 Asset cover available ratio 3.82
5 Total debts to total assets 0.41
6 Current ratio 0.37
7 EBITDA margin (i.e.: Earnings before interest tax depreciation and amortisation margin) 77.42 EBITDA MARGIN IS EBITDA DIVIDED BY TOTAL INCOME
8 Net profit margin percent 23.00
9 Net operating income margin 83.36
10 Distribution per unit (In Rs.) 6.64
11 Net worth i.e.: Unitholders funds 15,04,764.10


Details of Capital raised during the period

Amount in (Lakhs)

Sr no. Nature of issue (Right Issue/ Preferential Issue/ Institutional Placement) Date of Board Approval Date of Unitholders Approval Date of Issue Issue Size (Number of Units) Issue Size Issue Price per Unit Date of Allotment of Securities Details of Listing of Securites



Text Block
Details Of Capital Raised During The Period Explanatory



Details of Assets acquired during the reporting period

Amount in (Lakhs)

Sr.No. Nature of the Asset Date of Meeting of Board of the Manager / IM / Unitholders Approval Type of transaction (Outright purchase / Joint Venture / Joint Development / Area Share / Others) Date on which the Asset was acquired Total consideration Name of the Parties from whom the Asset was acquired Whether it is a Related Party Transaction Valuation of the Asset Acquired Remarks
1 Commercial + Residential Units (to be rented) +IT Park 28-12-2025 Others 09-01-2026 1,43,320.00 MrChandruRahejaMrsJyotiRahejaMrRaviChandruRahejaMrNeelChandru RahejaCapeTradingLLPAnbeeConstructionsLLPCasaMariaPropertiesLLPRaghukoolEstateDevelopementLLPCapstanTradingLLPPalmShelterEstateDevelopmentLLP Yes 2,43,140.00 Ascent Worli and Pune IT building
2 Commercial 28-12-2025 Others 09-01-2026 38,630.00 MrRavi Chandru RahejaMrNeelChandruRaheja Yes 67,310.00 The Square Avenue 98
3 IT park 27-01-2026 Outright Purchase 02-03-2026 3,105.00 MJ Investment No 3,490.00 NA



Text Block
Details Of Assets Acquired During The Reporting Period Explanatory



Details of Assets disposed off during the reporting period

Amount in (Lakhs)

Sr.No. Nature of the Asset Date of Meeting of Board of the Manager / IM / Unitholders Approval Type of transaction (Outright sale / Joint Venture / Joint Development / Area Share / Others) Date on which the Asset was disposed off Total consideration Name of the Parties to whom the Asset was disposed off Whether it is a Related Party Transaction Valuation of the Asset Acquired Remark Note



Text Block
Details Of Assets DisposedOff During The Reporting Period Explanatory




Details of Distributions made during each quarter of the Financial Year

A Date of start of reporting period 01-01-2026
B Date of end of reporting period 31-03-2026
B Details of Distribution made during the period, if applicable: (Yes/No) Yes
Sr. Particulars
1 Record Date 05-05-2026
2 Date of Board Meeting in which the distribution declared 29-04-2026
3 Total amount of distribution declared Total amount (in Rs. Lakhs) Total Amount Per Unit (in Rs.)
4 Out of the total amount of distribution declared, the amount in the form of interest, less taxes, if any 64.80 0.01
5 Out of the total amount of distribution declared, the amount in the form of dividend 21,719.50 3.35
6 Out of the total amount of distribution declared, including amount in the form of amortization of SPV level debt 21,136.00 3.26
7 Out of the total amount of distribution declared, the amount in form of other income 129.70 0.02
8 Due date of the payment of distribution 12-05-2026
9 Date by which payment of distribution is completed 12-05-2026



Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Mindspace Business Parks Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 8.20
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 8.20
2 Other Equity 26,617.10
3 Reserve & Surplus 9,648.70
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 36,274.00
B Borrowings
1 Long Term Borrowings 80,033.00
2 Current Maturities of Long Term Borrowings 3,773.60
3 Short term borrowings 26,090.80
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 233.30
7 Loans from REITs / InvITs or any other inter SPV Borrowings 49,437.00
Total Net Debt 1,59,567.70
C Total Capitalisation 1,95,841.70
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Avacado Properties and trading Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 397.50
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 397.50
2 Other Equity 0.00
3 Reserve & Surplus 2,551.90
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 2,949.40
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 40,046.00
Total Net Debt 40,046.00
C Total Capitalisation 42,995.40
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Horizonview Properties Private Limted
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 29,997.20
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 29,997.20
2 Other Equity 0.00
3 Reserve & Surplus (34,343.70)
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds (4,346.50)
B Borrowings
1 Long Term Borrowings 20,729.70
2 Current Maturities of Long Term Borrowings 284.50
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 66.20
7 Loans from REITs / InvITs or any other inter SPV Borrowings 1,12,815.40
Total Net Debt 1,33,895.80
C Total Capitalisation 1,29,549.30
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Intime Properties Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 120.30
(2) held by Other shareholders 14.90
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 14.90
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 135.20
2 Other Equity 0.00
3 Reserve & Surplus 21,187.70
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 21,322.90
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 1,027.70
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 1.10
7 Loans from REITs / InvITs or any other inter SPV Borrowings 31,760.00
Total Net Debt 32,788.80
C Total Capitalisation 54,111.70
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Sundew Properties Limted
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 2,507.20
(2) held by Other shareholders 309.90
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 309.90
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 2,817.10
2 Other Equity 3,846.10
3 Reserve & Surplus 10,520.10
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 17,183.30
B Borrowings
1 Long Term Borrowings 5,011.30
2 Current Maturities of Long Term Borrowings 764.20
3 Short term borrowings 1,242.80
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 7.80
7 Loans from REITs / InvITs or any other inter SPV Borrowings 71,466.00
Total Net Debt 78,492.10
C Total Capitalisation 95,675.40
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs K Raheja IT Park Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 1,780.00
(2) held by Other shareholders 220.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 220.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 2,000.00
2 Other Equity 0.00
3 Reserve & Surplus 11,740.10
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 13,740.10
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 12,959.80
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 1,14,310.00
Total Net Debt 1,27,269.80
C Total Capitalisation 1,41,009.90
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs KRC Infrastructure and Projects Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 58.80
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 58.80
2 Other Equity 0.00
3 Reserve & Surplus 5,476.80
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 5,535.60
B Borrowings
1 Long Term Borrowings 63,974.30
2 Current Maturities of Long Term Borrowings 8,460.80
3 Short term borrowings 8,835.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 391.70
7 Loans from REITs / InvITs or any other inter SPV Borrowings 1,45,635.00
Total Net Debt 2,27,296.80
C Total Capitalisation 2,32,832.40
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Gigaplex Estate Private Limted
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 196.00
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 196.00
2 Other Equity 5,945.10
3 Reserve & Surplus 6,030.10
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 12,171.20
B Borrowings
1 Long Term Borrowings 51,520.20
2 Current Maturities of Long Term Borrowings 4,055.70
3 Short term borrowings 32,099.40
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 102.50
7 Loans from REITs / InvITs or any other inter SPV Borrowings 32,099.40
Total Net Debt 1,19,877.20
C Total Capitalisation 1,32,048.40
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Sustain properties and private limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 5.00
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 5.00
2 Other Equity 1,177.90
3 Reserve & Surplus (20,480.80)
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds (19,297.90)
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 1,294.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 1,39,340.00
Total Net Debt 1,40,634.00
C Total Capitalisation 1,21,336.10
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Sundew Real Estate Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 1.00
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 1.00
2 Other Equity 1,265.70
3 Reserve & Surplus 4,150.80
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 5,417.50
B Borrowings
1 Long Term Borrowings 21,147.00
2 Current Maturities of Long Term Borrowings 593.70
3 Short term borrowings 1,778.60
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 5.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 0.00
Total Net Debt 23,524.30
C Total Capitalisation 28,941.80
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Pramaan Properties Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 167.70
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 0.00
Total Capital 167.70
2 Other Equity (185.20)
3 Reserve & Surplus (3,563.70)
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds (3,581.20)
B Borrowings
1 Long Term Borrowings 67,765.60
2 Current Maturities of Long Term Borrowings 2,820.70
3 Short term borrowings 6,784.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 15.20
7 Loans from REITs / InvITs or any other inter SPV Borrowings 6,950.00
Total Net Debt 84,335.50
C Total Capitalisation 80,754.30
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Energispace Power Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 74.00
(2) held by Other shareholders 26.00
Name of other shareholder % of Holiding
1 Telangana State Industrial Infrastructure Corporation Limited 11.00 0.00
2 Mindspace Business Parks REIT jointly with Neel C. Raheja(held as nominee of Mindspace Business Parks REIT) 0.01 0.00
3 Mindspace Business Parks REIT jointly with Ravi Raheja(held as nominee of Mindspace Business Parks REIT) 0.00 0.00
4 Held by SPV 2.60 26.00
Total Capital 100.00
2 Other Equity 0.00
3 Reserve & Surplus (10.30)
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 89.70
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 0.00
Total Net Debt 0.00
C Total Capitalisation 89.70
Disclosure of notes for HoldCos and Directly held SPVs Notes :




(B)For SVPs held through HoldCos

Amount in (Lakhs)

1 Date of start of reporting period 01-01-2026
2 Date of end of reporting period 31-03-2026
A For HoldCos and Directly held SPVs Amount
Name of Holdcos Horizonview Properties Private Limted
Name of SVPs Mack Soft Tech Private Limited
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 17,152.00
(2) held by Other shareholders
Name of other shareholder % of Holiding
Total Capital 17,152.00
2 Other Equity 6,348.40
3 Reserve & Surplus (7,280.40)
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 16,220.00
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 0.00
Total Net Debt 0.00
C Total Capitalisation 16,220.00
Disclosure of notes for SVPs held through HoldCos Notes :




Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Deloitte Haskins and Sells LLP Yes 31-07-2027