Knowledge Realty Trust has informed the Exchange regarding Credit rating obtained on 01/12/2025
Awaiting price reaction for this filing.
Knowledge Realty Trust has obtained a credit rating from Crisil Ratings for its proposed Non-Convertible Debentures (NCDs) worth Rs. 1,600 Crores. The rating assigned is Crisil AAA with a Stable outlook, which is the highest safety grade, indicating the lowest credit risk. The NCDs are currently proposed and have not yet been placed/issued. The rating letter was dated December 1, 2025, and a copy of the Crisil report has been attached for the exchanges.
Securing a top-tier AAA/Stable rating for a Rs. 1,600 Crore debt plan reflects strong creditworthiness and low borrowing risk, which should help the trust raise funds at competitive rates. Existing unitholders can view this as a positive signal about the trust's financial health, though the actual issuance and use of proceeds will determine any tangible stock-price impact.