BSEKnowledge Realty TrustMediumNeutral
Announced Mon, 22 Jun · 13:39 IST

Knowledge Realty Trust allots NCDs worth INR 600 Crore via private placement

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Knowledge Realty Trust, acting through its manager, has allotted 60,000 listed, secured, rated, transferable, rupee denominated non-convertible debentures with a face value of INR 1,00,000 each, aggregating to INR 600 Crore on a private placement basis. The allotment was approved by the Borrowing Committee through a resolution by circulation on 19th June 2026. The NCDs carry ISIN INE1JAR07036 and are proposed to be listed on BSE based on the Key Information Document dated 18th June 2026.

Likely market impact

Raises INR 600 Crore of fresh debt for the REIT, adding leverage but also providing growth capital. Watch for use of proceeds and impact on distribution yield.