Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Knowledge Realty Trust has disclosed that a meeting of its Borrowing Committee is scheduled for 27th April, 2026. The meeting will consider approving the raising of funds through issuance of listed, rated, redeemable non-convertible debentures (NCDs), commercial papers, and other permitted modes. The fund raise may occur in one or more transactions, series, or tranches to eligible investors. This is a prior intimation filing as required under REIT regulations, notifying the exchange in advance of the committee meeting.
The planned debt issuance signals the Trust is actively looking to raise capital, which could be for refinancing existing debt or funding new acquisitions. Existing unit holders should monitor the outcome for dilution concerns or changes in leverage. The use of proceeds will determine the impact on unit valuations.