GENERAL22 Sept 2026
Billionaire Chandru Raheja sells 1.49% stake in Mindspace REIT for ₹500 cr
Chandru Raheja, Chairman of K Raheja Corp, sold a 1.49% stake in Mindspace Business Parks, a real estate investment trust (REIT), for about ₹500 crore via a bulk deal on the BSE. He sold 99,00,990 units at an average price of ₹505 each. Units traded at ₹504.05 on Tuesday. If you hold REIT units, watch such bulk deals calmly before reacting.
Key Statutory Highlights
- Chandru Lachmandas Raheja sold 99,00,990 units of Mindspace Business Parks REIT, which works out to a 1.49% stake.
- The bulk deal was done on the BSE at an average price of ₹505 per unit, taking the value to about ₹500 crore.
- After the sale, Mindspace Business Parks REIT units were trading 0.18% lower at ₹504.05 a unit on Tuesday.
Actionable Advice for Taxpayers / Founders:If you hold Mindspace REIT units, review your holding and speak to your advisor before acting on this bulk deal news, since unit prices can move after such transactions.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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