Mindspace Business Parks REIT approved raising of funds by Mindspace REIT through issue of upto 50,000 Listed, Rated, Secured, Non- cumulative, taxable, Transferable, Redeemable Non-Convertible Debentures ("Debentures") of a nominal value of INR 1,00,000 (Indian Rupees one lakh only) each for an aggregate principal amount of up to INR 500,00,00,000 (Indian Rupees five hundred crore only) by way of private placement.