Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Knowledge Realty Trust has filed its quarterly compliance statement confirming there has been no deviation or variation in the use of funds raised through its IPO and Non-Convertible Debenture (NCD) issuance. The IPO, conducted on August 12, 2025, raised Rs. 48,000 million, of which Rs. 47,257.83 million has been utilized so far — Rs. 46,400 million towards repayment of financial indebtedness of Asset SPVs and Investment Entities, and Rs. 857.83 million out of the Rs. 1,600 million earmarked for issue expenses. The NCD issuance on September 26, 2025 raised Rs. 16,000 million, which has been fully utilized for repaying financial indebtedness of Asset SPVs and Investment Entities. The Audit Committee raised no comments, and auditors flagged no issues.
This is a routine regulatory filing with no negative implications — it reassures unitholders that IPO and NCD proceeds are being used exactly as originally disclosed, which is a positive governance signal.