Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Knowledge Realty Trust has submitted its quarterly statement confirming there has been no deviation or variation in the use of proceeds from its IPO (Rs. 48,000 million raised on August 12, 2025) and Non-Convertible Debentures (Rs. 16,000 million raised on September 26, 2025). From the IPO, Rs. 46,400 million was allocated for repayment of financial indebtedness of Asset SPVs and Investment Entities (fully utilized), while Rs. 1,600 million was earmarked for issue expenses, of which Rs. 857.83 million has been used so far. The entire Rs. 16,000 million from the NCDs has been deployed for debt repayment as originally planned. The Audit Committee and auditors have no comments, and the filing was approved at the Board Meeting held on February 5, 2026.
This is a routine compliance disclosure and is neutral to mildly positive — it confirms the trust is using raised funds exactly as promised to investors, with no misuse or diversion. No immediate stock price impact is expected.