Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Board of Knowledge Realty Office Management Services (Manager to Knowledge Realty Trust) approved several proposals on 12 January 2026, subject to unitholder and other regulatory approvals. Key items include: authorization to raise borrowings such that total consolidated borrowings net of cash do not exceed 35% of the Trust's assets; a borrowing facility of up to 35% of total consolidated borrowings from Axis Bank; demerger of Devbhumi Realtors Private Limited; incorporation of a wholly-owned subsidiary under One International Center Private Limited (OICPL) and subsequent demerger of OICPL; and a Scheme of Arrangement for share capital reduction at One World Center Private Limited. An Extraordinary Meeting of Unitholders has been scheduled for 3 February 2026 to seek approvals. All restructuring steps will require NCLT and other regulatory clearances.
If approved, the 35% borrowing limit and Axis Bank facility would significantly expand the Trust's debt headroom, potentially funding further acquisitions but also increasing leverage risk. The proposed demergers and restructuring are aimed at streamlining operations, though their long-term impact on unit value depends on NCLT and unitholder approvals.