Knowledge Realty Trust has informed the Exchange regarding Credit rating obtained on 17/09/2025
Awaiting price reaction for this filing.
Knowledge Realty Trust has received a credit rating from Crisil Ratings for its proposed Non-Convertible Debentures (NCDs) amounting to Rs. 1,600 crores. The rating assigned is Crisil AAA with a Stable outlook, which is the highest investment-grade rating, indicating the lowest credit risk and the highest degree of safety for timely servicing of financial obligations. The NCDs are proposed and not yet placed, meaning the trust is gearing up to raise this debt. The rating reflects strong confidence in the trust's ability to meet its debt obligations.
This is a positive signal for existing and prospective investors, as the AAA Stable rating signifies top-tier credit quality and low default risk. It may help the trust raise debt at competitive interest rates, lowering borrowing costs and supporting future growth.