Mindspace REIT completes acquisition of 51% stake in Radial IT Park Private Limited
Mindspace Business Parks REIT · Realty
Key highlights
- Acquired 51% securities and interest in Radial IT Park Private Limited on June 8, 2026
- Co-investor 360 One Real Assets Advantage Fund acquired remaining 49% on same date
- Target owns International Tech Park Chennai with approx. 2.6 million sq. ft. leasable area
Why it's rated notable: The filing reports a completed acquisition of 51% in Radial IT Park Private Limited but states no transaction value, so the level rests on the approximately 2.6 million square feet leasable area and is kept at medium.
Original filing
Reg 23(5)(i): Disclosure of material issue
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Mindspace Business Parks REIT
- Fundraise / allotmentNotableMindspace Business Parks REIT issues ₹500 crore non-convertible debentures
- Fundraise / allotmentNotableMindspace Business Parks REIT issues ₹600 crore rated non-convertible debentures
- Fundraise / allotmentNotableK Raheja Corp Investment Managers approves fund raise up to ₹17,100 crore for Mindspace REIT
- Fundraise / allotmentNotableMindspace Business Parks REIT shares post preferential allotment holding pattern disclosed
- Acquisition / mergerNotableMindspace REIT completes acquisitions and allots units on preferential basis
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Potential multibaggers · Q2 FY27
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
