Credit Agencies Reaffirm Knowledge Realty Trust’s AAA Ratings for Non-Convertible Debentures

Credit Agencies Reaffirm Knowledge Realty Trust’s AAA Ratings for Non-Convertible Debentures

Credit Agencies Reaffirm Knowledge Realty Trust’s AAA Ratings for Non-Convertible Debentures​

Knowledge Realty Trust (KRT) has successfully secured revalidated credit ratings from leading agencies Crisil Ratings Limited and ICRA Limited concerning its Non-Convertible Debentures (NCDs). Both ratings reaffirm the high degree of safety regarding financial obligations related to KRT’s debt instruments.

Crisil Ratings Limited reaffirmed the rating for KRT’s Non-Convertible Debentures, assigning a "Crisil AAA/Stable" outlook as of June 9, 2026. This revalidation follows previous reaffirmation ratings issued on April 22, 2026.

ICRA Limited also revalidated the credit rating for KRT's NCDs on June 10, 2026. The validation covered a total amount of Rs. 3,200.00 crore across three different tranches. ICRA assigned the rating "[ICRA] AAA (Stable)" to all instruments.

The detailed breakdown of the ratings and related status for KRT’s creditworthiness is presented below:

Rating AgencyCredit Rating AssignedOutlookDate of Revalidation
Crisil Ratings LimitedAAA/StableStable09-06-2026
ICRA Limited[ICRA] AAA (Stable)Stable10-06-2026

The credit rating details for the NCDs validated by ICRA include the following instruments and amounts:

  • Non-Convertible Debentures: Rs. 1,600.00 crore ([ICRA]AAA (Stable))
  • Non-Convertible Debentures: Rs. 1,000.00 crore ([ICRA]AAA (Stable))
  • Non-Convertible Debentures: Rs. 600.00 crore ([ICRA]AAA (Stable))

In addition to the revalidation of NCDs, KRT’s credit standing was previously affirmed by Crisil Ratings Limited in April 2026 and ICRA Limited on March 30, 2026.

KRT Stock Price Movement​

Shares of Knowledge Realty Trust finished up today after edging to close at ₹117.37, appreciating by 0.36%. The stock saw trading volume reach 326,870 shares during the session.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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