Bagmane Prime Office REIT

Bagmane Realty Investment Manager Private Limited, acting as investment manager to Bagmane Prime Office REIT, announced that members of its Senior Management team will participate in a session hosted by Ambit REITs & Alternative Real Estate Conference for investors on Tuesday, September 08, 2026, to facilitate an understanding of Bagmane Prime Office REIT's portfolio, and may hold group meetings and one-on-one meetings.

Bagmane Realty Investment Manager Private Limited, acting as investment manager to Bagmane Prime Office REIT, announced that members of its Senior Management team will participate in a session hosted by Ambit for investors on Friday, August 28, 2026, to facilitate an understanding of Bagmane Prime Office REIT's portfolio and conduct site visits.

Bagmane Realty Investment Manager Private Limited, acting as investment manager to Bagmane Prime Office REIT, will hold meetings with Edelweiss Mutual Fund and research analysts on Tuesday, August 25, 2026, to facilitate an understanding of Bagmane Prime Office REIT's portfolio.

Bagmane Prime Office REIT reported a net operating income of INR 6.6 billion for the period May 8th to June 30th, distributing INR 1.5 per unit and maintaining a debt of INR 23 billion. Management expressed a positive outlook, emphasizing long-term value and tenant relationships while reaffirming their commitment to meeting previously stated FY27 projections for distribution per unit. The REIT is currently constructing 1 million square feet of assets, attracting significant tenant interest with updates expected next quarter, and plans to begin construction on the first of three buildings comprising a 2 million square foot future development this financial year. Two hotels, a 207-key luxury property and a 400-key corporate-focused hotel, are under development, with operator selection nearing completion and targeted completion in late 2029. The impact of recent tax changes is being calculated and will be disclosed later.

Bagmane Prime Office REIT, acting through its investment manager Bagmane Realty Investment Manager Private Limited, has released an audio recording of its earnings conference call discussing financial results for the quarter ended June 30, 2026, which was held on Wednesday, August 12, 2026, and is available at https://www.bagmanereit.com/media/filer_public/aa/49/aa492f6e-ea11-4673-8765-3a30571bff56/10046282.mp3.

Bagmane Prime Office REIT reported that proceeds from its initial public offering, totaling Rs 23,900 million, were fully utilized in accordance with the objectives outlined in the Final Offer Document as of June 30, 2026. The REIT employed the funds to finance acquisitions, including Rs 14,200 million for Luxor @ Bagmane Capital Tech Park, Rs 8,200 million for Bagmane Rio Private Limited (BRPL), and Rs 717 million for general purposes. Additionally, the REIT acquired 100% of Bagmane Developers Private Limited (BDPL), financed by the issuance of 3,161 million units valued at Rs 316,100 million, and 93% of BRPL for Rs 13,000 million. An Offer for Sale component of Rs 10,150 million was handled by existing shareholders. Axis Trustee Services Limited is monitoring the use of funds, and the REIT maintains compliance with SEBI regulations.

Bagmane Prime Office REIT announced that there were no deviations in the utilization of funds raised through its initial public offering, according to a report for the quarter ended June 30, 2026. The REIT raised Rs 23,900 million in a fresh issue of units, excluding the Rs 10,150 million offer for sale. Proceeds from the IPO are being used to fund acquisitions, including Luxor @ Bagmane Tech Park for Rs 17,750 million and Bagmane Rio Private Limited for Rs 13,000 million. Additionally, the REIT acquired 100% of Bagmane Developers Private Limited (BDPL) for Rs 316,100 million, a move that consolidates several investments. Axis Trustee Services Limited is monitoring the fund utilization, and the REIT’s investment manager is Bagmane Realty Investment Manager Private Limited.

Bagmane Realty Investment Manager Private Limited, acting as investment manager to Bagmane Prime Office REIT, will host an earnings conference call on Wednesday, August 12, 2026, at 1600 Hrs IST to discuss financial results for the quarter ended June 30, 2026. Dial-in details and a pre-registration link are available on the Bagmane Prime Office REIT website, and a playback of the call and a recorded transcript will be available following the conference.

Bagmane Realty Investment Manager Private Limited, acting as investment manager to Bagmane Prime Office REIT, will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to declare distributions to unitholders for the same period. The record date for the proposed distributions is Friday, August 14, 2026, with payment expected on or before Friday, August 21, 2026.

Bagmane Realty Investment Manager Private Limited, acting as investment manager to Bagmane Prime Office REIT, will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to declare distributions to unitholders for the same period. The record date for the proposed distributions is Friday, August 14, 2026, with payment expected on or before Friday, August 21, 2026.