Knowledge Realty Trust's Borrowing Committee Approves Fundraising Plans
The Borrowing Committee of Knowledge Realty Office Management Services Private Limited, the manager to Knowledge Realty Trust (KRT), convened a meeting on April 27, 2026. During the meeting, the committee considered and approved strategic plans for raising funds through private placements.The committee approved two primary fundraising initiatives for KRT: the fresh issuance of non-convertible debentures and the issuance of commercial papers.
The approved fundraising details are as follows:
| Financial Instrument | Purpose | Aggregate Principal Amount Limit | Key Terms |
|---|---|---|---|
| Listed, Rated, Secured, Redeemable, Non-Convertible Debentures (NCDs) | Fundraising | Up to INR 600,00,00,000/- (Indian Rupees Six Hundred Crores) | Face value of INR 1,00,000/- each; Private placement basis. |
| Listed, Rated, Redeemable Commercial Papers (CPs) | Fundraising | Up to INR 500,00,00,000/- (Indian Rupees Five Hundred Crores) | Private placement basis to eligible investors. |
Both issuances are planned to occur in one or more transactions, and/or in one or more series and/or tranches from eligible investors.
The meeting of the Borrowing Committee began at 15:30 P.M. IST and concluded at 15:50 P.M. IST.
KRT Stock Price Movement
Knowledge Realty Trust shares today slipped by 0.14% to close at ₹116.63. The stock traded on significant volume, reaching 1.61 million shares, and ranged between ₹115.22 and ₹117.44 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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