Knowledge Realty Trust has informed the Exchange regarding Outcome of Extraordinary General Meeting held on 03/02/2026
Awaiting price reaction for this filing.
Knowledge Realty Trust held its first Extra-ordinary Meeting of Unitholders on 3 February 2026 via video conferencing, from 11:00 AM to 11:18 AM IST, with 65 unitholders attending and quorum confirmed. Six ordinary resolutions were put to remote e-voting (open 31 Jan – 2 Feb 2026): ratification of iVas Partners as Valuer, ratification of S R B C & Co LLP as Statutory Auditor with their remuneration, approval of aggregate consolidated borrowings and deferred payments up to 35% of the value of KRT Assets, approval of borrowings from Axis Bank Limited, and approval of the demergers of Devbhumi Realtors Private Limited and One International Center Private Limited. The Trust's CFO addressed unitholder queries during a Q&A session. Voting results were not declared in this filing and will be announced on or before 5 February 2026, subject to receipt of the requisite votes in favour.
The resolutions cover important items including higher borrowing limits (up to 35% of assets), a new debt facility from Axis Bank, and two demerger schemes — meaningful corporate actions whose actual outcomes (favour or against) will only be known once the scrutinizer's report is filed. Unitholders should watch for the result announcement by 5 February 2026, as approvals here could expand the Trust's leverage capacity and reshape its portfolio structure.