BSEKnowledge Realty TrustMediumNeutral
Announced Thu, 23 Apr · 18:34 IST

Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue

Credit & Debt View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Knowledge Realty Trust has received credit rating reaffirmations from Crisil Ratings Limited. The REIT's non-convertible debentures (NCDs) worth Rs. 1,600 crore and corporate credit rating have been reaffirmed at Crisil AAA/Stable, which is the highest rating indicating lowest credit risk. The commercial paper programme of Rs. 500 crore has also been reaffirmed at Crisil A1+, indicating very strong degree of safety for timely payment of financial obligations. All ratings carry a Stable outlook, meaning no immediate change is expected. The ratings were reaffirmed on 22nd April 2026 following an annual review as per SEBI regulations.

Likely market impact

This reaffirmation is positive for unit holders as it confirms KRT's strong creditworthiness and ability to service debt obligations. The AAA/Stable rating should support investor confidence and potentially lower borrowing costs for the REIT.