Studies on leadership show that mindfulness is positively related to servant leadership, followers’ job satisfaction and performance, and negatively related to abusive supervision and subordinates’ emotional exhaustion. The present study examines the impact of teachers ‘mindfulness on relational aspects of student-teacher relationships and student’s perceptions of psychological safety to understand its impact on students’ burnout levels. The dyadic data is collected from students and teachers across three business schools located in different parts of India. The findings of sequential mediation analysis confirm the effects of teachers’ mindfulness on students’ burnout levels sequentially mediated through high-quality relationships and psychological safety. The study suggests that leaders of educational institutes and policymakers can utilize the effectiveness of mindfulness to deal with the emerging mental health crisis among young students.