Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Knowledge Realty Trust's Borrowing Committee, at its meeting on February 9, 2026, approved the allotment of 1,00,000 Non-Convertible Debentures (NCDs) with a face value of INR 1,00,000 each, aggregating to INR 1,000 Crores. The NCDs are rupee-denominated, listed, rated, secured, transferable, and redeemable, and will be issued on a private placement basis with proposed listing on BSE. This is a continuation of a previous intimation dated December 3, 2025, and follows the Key Information Document dated February 4, 2026. The ISIN for the issuance is INE1JAR07028. Essentially, the REIT is raising INR 1,000 Crores through debt to fund its operations or growth plans.
Unit-holders should note that this is a debt-raising move that will increase the Trust's overall borrowing levels, which could modestly raise interest expenses but provides fresh capital for business expansion or refinancing. There is no direct impact on unit price from the allotment itself, though higher leverage is a factor to monitor.