Schedule-04 - Mandatory Disclosures - Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014

SCHEDULE IV [See Regulation 23(4)] MANDATORY DISCLOSURES Mandatory Disclosures in the Annual Report 1. Manager's brief report of activities of the REIT and summary of the audited stand alone and consolidated financial statements for the year of the REIT 2. Management discussion and analysis by the directors of the manager on activities of the REIT during the year, forecasts and future course of action 3. Brief details of all the assets of the REIT including a break-up of real estate assets and other assets, location of the properties, area of the properties, current tenants (not less than top 10 tenants as per value of lease), lease maturity profile, details of under-construction properties, if any, etc. 4. Brief summary of the full valuation report as at the end of the year 5. Details of changes during the year pertaining to: a. Addition and divestment of assets including the identity of the buyers or sellers, purchase/sale prices and brief details of valuation for such transactions b. Valuation of assets (as per the full valuation reports) and NAV c. Letting of assets, occupancy, lease maturity, key tenants, etc. d. Borrowings/ repayment of borrowings(standalone and consolidated) e. Sponsor, manager, trustee, valuer, directors of the Trustee/manager/sponsor, etc. f. Clauses in trust deed, investment management agreement or any other agreement entered into pertaining to activities of REIT g. Any other material change during the year 6. Update on development of under-construction properties, if any 7. Details of outstanding borrowings and deferred payments of REIT including any credit rating(s), debt maturity profile, gearing ratios of the REIT on a consolidated and standalone basis as at the end of the year 8. Debt maturity profile over each of the next 5 years and debt covenants, if any; 9. The total operating expenses of the REIT, including all fees and charges paid to the manager and any other parties, if any during the year 10. Past performance of the REIT with respect to unit price, distributions and yield for the last 5 years, as applicable 11. Unit price quoted on the Designated Stock Exchanges at the beginning and end of the financial year, the highest and lowest unit price and the average daily volume traded during the financial year 12. 1 [1] Details of all related party transactions during the year 2 [, value of which exceeds five per cent of value of the REIT assets] 3 [2. Details regarding the monies lent by REIT to the holding company or the special purpose vehicle in which it has investment in.] 13. Details of fund raising during the year, if any 14. 4 [***] 5 [14A. Brief details of material and price sensitive information] 15. Brief details of material litigations and regulatory actions 6 [which are] pending, against the REIT, 7 [ sponsor(s), manager or any of their associates and sponsor group(s) and the trustee], if any, as at the end of the year 16. Risk factors 17. Information of the contact person of the REIT Mandatory annexure to the annual report 1. Summary of full valuation report capturing key aspects of the report 2. Auditor's report Mandatory disclosures in the Half-yearly report 1. All details as provided above (other than clause (2) and mandatory annexures) for annual report for the previous half-year or as at the end of the half-year as applicable 2. Financial statements for the half year; (Standalone and consolidated). If audited statements are not available, unaudited statements may be provided subject to disclosure to that effect 3. Updated valuation report by the valuer taking into account any material developments during the previous half-year 4. Any other material events during the half-year *************** NOTES:- 1 Sub-clause number inserted by the SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2017, w.e.f. 15.12.2017 2 Inserted by the SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2016, w.e.f. 30.11.2016. 3 Inserted by the SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2017, w.e.f. 15.12.2017 4 Omitted by the SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2016, w.e.f. 30.11.2016. Prior to its omission, paragraph 14 read as follows: Brief report on corporate governance 5 Inserted by the SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2016, w.e.f. 30.11.2016. 6 Substituted , whether completed or by the SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2016, w.e.f. 30.11.2016. 7 Substituted parties to the REIT or any of their associates by the SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2016, w.e.f. 30.11.2016.