Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Knowledge Realty Trust has disclosed that ICRA Limited reaffirmed its credit rating of [ICRA]AAA (Stable) on March 30, 2026. The rating covers the trust's existing Non-Convertible Debentures of ₹1,600 crore and ₹1,000 crore, a proposed NCD of ₹600 crore, and its corporate credit rating. This is a reaffirmation, not a change, meaning ICRA sees no change in the trust's creditworthiness since its last review in late 2025. AAA is the highest investment-grade rating, signalling very strong ability to meet debt obligations. The total rated debt programme stands at ₹3,200 crore.
Positive for debenture holders as the highest safety rating is maintained, with a stable outlook suggesting no near-term risk to repayment. For unit holders, this reinforces confidence in the trust's financial health and low borrowing costs, though it is a status-quo event with no trigger for a price re-rating.