Mindspace Business Parks REIT has informed the Exchange regarding Disclosure of material issue

August 12, 2026 The Listing Department The Listing Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Dalal Street, Plot No. C/1, G- Block, Mumbai- 400001 Bandra Kurla Complex, Bandra (East), Mumbai- 400051. Scrip Symbol “MINDSPACE” (Units) Scrip Code “543217” (Units) and Scrip Codes “974075”, “975068”, “975537”, “975654”, “975763”, “976198”, “976691”, “977043” “977120”, “977297”, “977350”, “977614”, “977771” and “978031” (Non-Convertible Debentures) and Scrip Codes “731549”, “731581”, “731984” and “731985” (Commercial Papers) Subject: Intimation regarding credit rating of Mindspace Business Parks REIT Dear Sir/Madam, Pursuant to the provisions of Regulation 23(5) of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 read with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD- 1/P/CIR/2025/0000000103 dated July 11, 2025, and Regulation 51(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mindspace Business Parks REIT has received the following credit ratings from ICRA Limited: Name of the Credit Particulars Size of the Rating and Outlook Rating Agency Issue (Crore) ICRA Limited Issuer Rating - ICRA AAA/ Stable (reaffirmed) Non-Convertible Debenture INR 8,500 ICRA AAA/ Stable (reaffirmed) Proposed Non-convertible INR 200 ICRA AAA/ Stable (assigned) Debenture Commercial Paper INR 3,000 ICRA A1+ (reaffirmed) We enclose herewith the rating letters and rating rationale of ICRA Limited dated August 11, 2026, for your information and records. Request you to take the same on record. Thanking you. Yours faithfully, For and on behalf of K Raheja Corp Investment Managers Private Limited (acting as the Manager to Mindspace Business Parks REIT) Mridul Gupta Company Secretary and Compliance Officer Encl.: as above K Raheja Corp Investment Managers Private Limited (acting as the Manager to Mindspace Business Parks REIT) Corporate Identification Number (CIN): U68200MH2023PTC406104 Regd. Office: Raheja Tower, C-30, Block ‘G’, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Phone: +91 – 22- 2656 4000 | www.mindspacereit.com | reitcompliance@mindspacereit.com ICRA/Mindspace Business Parks REIT/11082026/3 Date: August 11, 2026 Preeti Chheda Chief Financial Officer Mindspace Business Parks REIT, Raheja Tower, Plot C-30, Block G, Next to Bank of Baroda, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Dear Madam, Re: ICRA’s Credit Rating for below mentioned Instruments of Mindspace Business Parks REIT As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Rated Amount Instrument Rating Action1 Financial Sector Regulator# (Rs. crore) [ICRA]AAA (Stable); Issuer Rating - -@ Reaffirmed #SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. @"Since no instrument is being rated, FSR is not applicable. The rating scale and definitions stipulated in SEBI Master Circular for CRAs are being followed." The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities 1 Complete definitions of the ratings assigned are available at www.icra.in. ICRA Limited Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41 Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002 www.icra.in info@icraindia.com +91-93547-38909 +0124-4545300 CIN: L74999DL1991PLC042749 Sensitivity Label : Restricted through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited Anupama Reddy Vice President and Co-Group Head anupama.reddy@icraindia.com Sensitivity Label : Restricted ICRA/Mindspace Business Parks REIT/11082026/1 Date: August 11, 2026 Preeti Chheda Chief Financial Officer Mindspace Business Parks REIT, Raheja Tower, Plot C-30, Block G, Next to Bank of Baroda, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Dear Madam, Re: ICRA’s Credit Rating for below mentioned instruments of Mindspace Business Parks REIT As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Rated Amount Instrument Rating Action1 Financial Sector Regulator# (Rs. crore) Non-Convertible Debenture 8,500.00 [ICRA]AAA (Stable); Reaffirmed SEBI Proposed Non-convertible Debenture 200.00 [ICRA]AAA (Stable); Assigned SEBI Total 8,700.00 #SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. Once the instrument is issued, the rating is valid throughout the life of the captioned programme until withdrawn. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the i [Showing first 8,000 characters — download PDF for full document]