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

Date: 05th November, 2026 To, To, The Corporate Relations Department, The Corporate Relations Department, The National Stock Exchange of India Department of Corporate Services, Limited Exchange Plaza, 5th Floor, Plot BSE Limited, No. C/1, G-Block, Bandra-Kurla Complex, 25th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (East), Mumbai – 400051 Mumbai – 400001 Scrip Code: KRT Scrip Code: 544481 (“Units”), 977158, 977536 and 977888 (“Non-Convertible Debentures”) and 732261 (“Commercial Papers”) Dear Sir/ Madam, Subject: Transcript of the Earnings Conference Call for the quarter ended 30th September, 2026 held on 03rd November, 2026. In continuation to our intimation dated 03rd November, 2026, regarding the link to access the audio recording of the Earnings Conference Call held on Tuesday, 03rd November, 2026 at 05:30 P.M. (IST) to discuss Knowledge Realty Trust’s financial results for the quarter and half year ended 30th September, 2026, please see enclosed the transcript of the aforesaid Earnings Conference Call. The transcript referred to above has been uploaded on our website at www.knowledgerealtytrust.com. Kindly take the same on your records. Thanking you, For and on behalf of Knowledge Realty Trust, acting through its Manager, Knowledge Realty Office Management Services Private Limited Ashutosh Vaidya Company Secretary & Compliance Officer Membership No. A14242 Encl: As above KNOWLEDGE REALTY TRUST acting through its manager – Corp. Office: Salarpuria, Windsor #3, Registration No.: IN/REIT/24-25/0006 KNOWLEDGE REALTY OFFICE MANAGEMENT SERVICES PRIVATE LIMITED 2nd Floor, Ulsoor Road, Sivan Chetty Telephone: +91 22 68684400 (Formerly known as Trinity Office Management Services Private Limited) Gardens, Bangalore- 560042, E-mail: info@knowledgerealtytrust.com RO: One BKC, C-407, Plot No. C-66, G Block, Bandra Kurla Complex, Bandra Karnataka, India Website: www.knowledgerealtytrust.com (E), Mumbai – 400051, Maharashtra, India “Knowledge Realty Trust Q2 FY27 Earnings Conference Call” November 3, 2026 MANAGEMENT: MR. SHIRISH GODBOLE – CHIEF EXECUTIVE OFFICER – KNOWLEDGE REALTY TRUST MR. NEERAJ TOSHNIWAL – CHIEF FINANCIAL OFFICER – KNOWLEDGE REALTY TRUST MR. SENTHIL KUMAR – SENIOR VICE PRESIDENT, INVESTOR RELATIONS – KNOWLEDGE REALTY TRUST Page 1 of 12 Knowledge Realty Trust November 03, 2026 Moderator: Ladies and Gentlemen, good day and welcome to the Knowledge Realty Trust Q2 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star and then zero on your touchtone phone. I now hand the conference over to Mr. Senthil Kumar, Head of Investor Relations, Knowledge Realty Trust. Thank you and over to you. Senthil Kumar: Thank you. Good evening to everyone joining us today. On behalf of the management team, I would like to extend a warm welcome to all participants of Knowledge Realty Trust Q2 FY27 earnings call. Before we proceed, a couple of important disclaimers. I would like to highlight that the management may make certain comments that may constitute forward-looking statements. Please be advised that our actual results may differ materially from these statements. KRT does not guarantee these statements or results and is not obliged to update them at any point of time. Joining me today on the call are Shirish Godbole, KRT CEO, and Neeraj Toshniwal, our CFO. We will start off with brief remarks on the macro environment, our business and financial performance, and then open the floor to questions. Over to you, Shirish. Shirish Godbole: Thank you, Senthil, and a very warm welcome to everyone joining us for our second quarter FY27 earnings call. KRT was listed in August 2025, and we have now completed more than one year as a listed REIT. I am happy to report that we have delivered on what we set out to do. Since listing, our occupancy has increased from 91% to 93%, and our in-place rents have grown 7% year-on-year from INR94 to INR101 per square foot now. Distributions to our unitholders have reached over INR3,600 crores. On the macro front, India remains the fastest growing major economy. Real GDP grew 7.8% in the first quarter of FY27, well ahead of the RBI estimate of 7%. India's office market also continues to scale new highs. Gross absorption in the first nine months of the year, calendar year 2026, reached a record 66 million square feet, up 8% year-on-year. GCC's contribution continues to grow with an absorption rate of 43% in comparison to 30% four years ago. Two market trends from the September quarter stand out for us. First is quality. Grade A+ buildings garnered over 60% of leasing as occupiers continue to gravitate towards modern, amenity-rich workplaces. Second is geography. Hyderabad and Bengaluru together accounted for about two-thirds of the GCC leasing in the quarter, and these two cities make up nearly two- thirds of our portfolio as well. Our diversified portfolio, with its GCC exposure, negligible exposure to traditional IT services, and a strong front-office presence, is well-positioned to benefit from this shift. Coming back to KRT, we delivered another strong quarter. Our portfolio occupancy on value basis reached 94%, a 100 basis point increase during the quarter. Revenue grew 13% year-on-year to INR1,273 crores, and NOI grew 15% year-on-year to INR1,140 crores. We are pleased to announce a distribution of INR1.72 per unit for the quarter, aggregating to INR764 crores, up 11% year-on- Page 2 of 12 Knowledge Realty Trust November 03, 2026 year. Our DPU has grown sequentially in every quarter since listing. We continue to invest in and expand our amenitization and upgradation initiatives to elevate the KRT occupier experience. This quarter, we added premium F&B offerings and commenced work on a hospitality-led upgrade of the arrival experience at One World Center. Our life at KRT platform continues to bring our occupier communities together. The Sunday Soul Sante at Sattva Global City drew over 7,500 visitors across more than 220 stalls, and the Navratri celebrations at Sattva Knowledge City welcomed over 5,000 visitors. We also celebrated our first anniversary as a listed REIT with our occupier communities across Mumbai, Bangalore, and Hyderabad. As we enter our second year as a listed REIT, our growth levers remain firmly in place: contracted growth from escalations, a sizable mark-to-market potential, vacant area lease-up, economic occupancy convergence, active development pipeline, and an LTV of 18% enabling significant headroom for inorganic growth. We are evaluating multiple value-accretive transactions, sponsor assets as well as third-party assets. With that, I will now hand back to Senthil to walk you through our operating performance. Senthil Kumar: Thank you, Shirish. Let me delve into the operating highlights for the quarter. We continue to build a compounding rental growth profile. I would like to highlight that we achieved annual escalations on 100% of our leasing during the quarter. Also, we realized an average leasing spread of 24% on 0.5 million square feet out of the total 0.8 million square feet gross leasing. This takes our gross leasing for the first half to 2.2 million square feet. Our Mumbai occupancy has reached 95%, up 300 basis points from the last quarter and 600 basis points in the last two quarters. Every asset contributed. Prima Bay is now 100% leased, up from 88% in March, with a leading engineering major taking 66,000 square feet. One BKC has moved up from 87% to 96%. Our Central Mumbai portfolio moved from 89% to 95%. Importantly, this occupancy increase has also come at high mark-to-market spreads. We realized 28% spreads on 0.6 million square feet re-leased in Mumbai in the last six months. We continue to hold further MTM upside. Over the next two and a half y [Showing first 8,000 characters — download PDF for full document]