BSEOthers6d ago · 31 Jul 2026, 10:50 am
Bagmane Prime Office REIT has informed the Exchange regarding Credit rating Review on 30/07/2026
Bagmane Prime Office REIT · 544758
✦ AI SummaryRating Change
Bagmane Prime Office REIT has informed the Exchange regarding the credit rating review, where ICRA Limited has finalized the provisional credit rating of ICRA / AAA (Stable) for the Issuer Rating of Bagmane REIT.
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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10
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Full Announcement
Bagmane Prime Office REIT - 544758 - Reg 23(5)(d): Disclosure of details of any credit rating obtained by the REIT and any change in such rating
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July 31, 2026
To, To,
The Corporate Relations Department, The Corporate Relations Department,
The National Stock Exchange of India Limited, Department of Corporate Services,
Exchange Plaza, 5th Floor, BSE Limited,
Plot No. C/1, G-Block, Bandra-Kurla Complex, 25th Floor, Phiroze Jeejeebhoy Towers,
Bandra (East), Mumbai - 400051. Dalal Street, Mumbai - 400001.
Dear Sir/ Madam,
Subject: Disclosure under Regulation 23(5) of the SEBI (Real Estate Investment Trusts) Regulations,
2014, in respect of Credit Rating obtained by
Kindly note that ICRA Limited ICRA finalized the provisional credit rating of ICRA / AAA
(Stable) for the Issuer Rating of Bagmane REIT.
Please see enclosed, as Annexure I, the details of the aforementioned credit rating and the rating letter
issued by ICRA as Annexure II.
Thanking you,
For and on behalf of Bagmane Prime Office REIT acting through its Investment Manager, Bagmane
Realty Investment Manager Private Limited
Venkatesh Ranganath P
A37567
BAGMANE REALTY INVESTMENT MANAGER PRIVATE LIMITED (ACTING AS INVESTMENT MANAGER TO
BAGMANE PRIME OFFICE REIT) 5th floor, B Block Bagmane Tech Park, 65/2 Bagmane Laurel, C. V. Raman Nagar,
Bangalore North, Bangalore- 560093, Karnataka | Tel: +91-80-40329999 | CIN - U66309KA2024PTC183039 | Email:
reitcompliance@bagmanereit.com | Website of Bagmane Prime Office REIT: https://www.bagmanereit.com/
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Annexure I
Rating
Outlook
action Verification
Name of the (Stable/
Credit (New/ Specify Date of status of
S. Credit Positive/ Date of
ISIN rating Upgrade/ other rating credit CRAs
No Rating Negative/ verification
assigned Downgrade/ action rating (verified/ not
Agency No
Reaffirm/ verified)
Outlook)
Other)
Provisional
ICRA ICRA / 30-07-
INE2OVN25015 Stable Other* rating Verified 30-07-2026
Limited AAA 2026
finalized
*Kindly note that ICRA vide rating letter dated December 29, 2025 assigned provisional ICRA / AAA (Stable) for the issuer rating.
BAGMANE REALTY INVESTMENT MANAGER PRIVATE LIMITED (ACTING AS INVESTMENT MANAGER TO BAGMANE PRIME OFFICE REIT) 5th
floor, B Block Bagmane Tech Park, 65/2 Bagmane Laurel, C. V. Raman Nagar, Bangalore North, Bangalore- 560093, Karnataka | Tel: +91-80-40329999
| CIN - U66309KA2024PTC183039 | Email: reitcompliance@bagmanereit.com | Website of Bagmane Prime Office REIT: https://www.bagmanereit.com/
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