Knowledge Realty Trust

Knowledge Realty Trust will close its trading window for designated persons and their immediate relatives from the opening hours of stock exchanges on September 25, 2026, until 48 hours after the announcement of the trust’s financial results for the quarter and half year ended September 30, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Knowledge Realty Trust announced that its manager, Knowledge Realty Office Management Services Private Limited, has approved the raising of funds through the issuance of up to Rs 1000 crore through fresh issuance of listed, rated, secured, redeemable, non-convertible debentures with a face value of Rs 100,000 each, on a private placement basis.

Knowledge Realty Trust announced that certain sponsor group selling unitholders, including BREP Asia SG L&T Holding (NQ) Pte. Ltd., BREP Asia SG DRPL Holding (NQ) Pte. Ltd., BREP Asia II Indian Holding Co IV (NQ) Pte. Ltd., and BREP Asia II Indian Holding Co VII (NQ) Pte. Ltd., sold 1,110,000,000 units, representing 25.03% of the unit capital, on August 31, 2026, and September 1, 2026, to comply with the minimum public unitholding requirement as prescribed under the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014. Following the offer for sale, the Trust’s public unitholders now hold 2,060,913,814 units, representing 46.48% of the total outstanding unit capital of 4,434,399,541.

Several entities affiliated with Knowledge Realty Trust executed significant sales of REIT units on September 2, 2026, according to a disclosure form submitted to the trust's compliance officer. BREP Asia SG L&T Holding (NQ) Pte. Ltd. sold 200,054,561 units, representing 55.8% of its holdings, while BREP Asia SG DRPL Holding (NQ) Pte. Ltd. divested its entire 564,402,456 units. Other selling entities included BREP Asia II Indian Holding Co IV (NQ) Pte. Ltd., which sold 112,742,338 units, and BREP Asia II Indian Holding Co VII (NQ) Pte. Ltd., which sold 159,564,457 units. All transactions were conducted through the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), and the document confirms no derivative trading occurred. The sales, valued at approximately Rs 21.76 crore, Rs 61.46 crore, Rs 12.30 crore, and Rs 21.76 crore respectively, were executed at an average price of Rs 21.76 lakh and Rs 61.46 lakh.

Knowledge Realty Trust is offering units for sale through the Bombay Stock Exchange (BSE), with sellers including BREP Asia SG L&T Holding (NQ) Pte. Ltd. and related entities, and the offering is restricted to qualified institutional buyers (QIBs), not intended for public distribution in the United States. Investors, both in the US and internationally, face significant resale restrictions requiring compliance with regulations such as Rule 144A and Regulation S, and must notify subsequent purchasers of these limitations. US investors must represent themselves as sophisticated investors, while all investors are obligated to conduct their own due diligence and indemnify the sellers and brokers against any violations of the resale restrictions. The Trust cautions that future exemptions from registration are not guaranteed and adherence to Offer for Sale guidelines is mandatory.

Knowledge Realty Trust announced that its manager, Knowledge Realty Office Management Services Private Limited, has allotted 10,000 listed, rated, redeemable commercial papers with a face value of Rs 5,00,000 each, for an aggregate principal amount of Rs 500,00,00,000, with a tenor of 88 days and a discount rate of 7.0000%, maturing on November 6, 2026, according to a filing on Wednesday.

Knowledge Realty Trust reported a strong first quarter and anticipates continued resilience in the Indian office market, despite concerns surrounding artificial intelligence. The company aims to achieve a steady-state occupancy of 94-95%, currently standing at 93%, and is experiencing marginal rental rate increases, particularly in areas like Lower Parel where rates have risen over 30% in the past two years. Executives stated a shift towards a higher dividend payout, targeting over 50% and an overall tax-efficient distribution of approximately 80% for the full year. Knowledge Realty Trust is actively managing its debt, seeking to increase the proportion of floating rates to 40%, and expects to pursue acquisitions within the next 12 to 24 months, leveraging its development pipeline and potential acquisitions to drive long-term growth.

Knowledge Realty Trust has fixed 31 July 2026 as record date for the distributions to Unitholders for the quarter ended 30 June 2026. The payment of distribution will be made on or before 07 August 2026.

Knowledge Realty Trust announced that the Board of Directors of the Company at its meeting held on 28 July 2026, inter alia, have recommended the final dividend of Rs 1.695 per equity Share (i.e. 1.695%) , subject to the approval of the shareholders.

Net profit of Knowledge Realty Trust reported to Rs 476.33 crore in the quarter ended June 2026 as against net loss of Rs 0.91 crore during the previous quarter ended June 2025. There were no Sales reported in the quarter ended June 2026 and during the previous quarter ended June 2025.Powered by Capital Market - Live