BSEOthers1d ago · 21 Jul 2026, 06:43 pm
Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue
Knowledge Realty Trust · 544481
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Knowledge Realty Trust has informed the Exchange regarding Disclosure of material issue, specifically the credit ratings obtained by ICRA Limited for its Proposed Non-Convertible Debentures and existing Non-Convertible Debentures.
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Knowledge Realty Trust - 544481 - Reg 23(5)(i): Disclosure of material issue
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Date: 21st July, 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 No. BSE Limited,
C/1, G-Block, Bandra-Kurla Complex, 25th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai –
Bandra (East), Mumbai – 400051 400001
Scrip Code: KRT Scrip Code: 544481 (“Units”), 977158, 977536 and 977888
(“Non-Convertible Debentures”) and 731643 (“Commercial
Papers”)
Dear Sir/ Madam,
Subject: Disclosure of Credit Ratings obtained by Knowledge Realty Trust (“KRT”)
With reference to the subject matter, we would like to inform you that ICRA Limited (“ICRA”), a credit rating
agency, has assigned the credit rating of “[ICRA]AAA (Stable)” in respect of Proposed Non-Convertible
Debentures to be issued by KRT and re-affirmed the credit rating of “[ICRA]AAA (Stable)” in respect of Non-
Convertible Debentures issued by KRT. Further, ICRA has re-affirmed the credit rating of “[ICRA]AAA (Stable)”
in respect of its corporate credit rating.
Details of the credit ratings obtained by KRT, in terms of SEBI Circular
SEBI/HO/DDHS/DDHSPoD/P/CIR/2025/0000000137 dated October 15, 2025, are given in Annexure-1.
Copy of credit rating letters dated 21st July, 2026, issued by ICRA are attached herewith as Annexure-2.
The documents referred will also be 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
Annexure-1
Details of credit ratings
a) Current rating details:
S. ISIN Name of the Credit Outlook Rating Specify Date of Verificat Date of
No. Credit Rating rating (Stable/ action other credit ion verificatio
Agency assigned Positive/ (New/ rating rating status of n
Negative Upgrade/ action CRAs
/ No Downgrade (verified/
Outlook) / Reaffirm/ not
Other) verified)
INE1JAR07010 ICRA Limited [ICRA]AAA Stable Reaffirm - 10-07-2026 Verified 10-07-2026
INE1JAR07028 ICRA Limited [ICRA]AAA Stable Reaffirm - 10-07-2026 Verified 10-07-2026
INE1JAR07036 ICRA Limited [ICRA]AAA Stable Reaffirm - 10-07-2026 Verified 10-07-2026
Proposed Non- ICRA Limited [ICRA]AAA Stable Assign - 10-07-2026 Verified 10-07-2026
Convertible
Debentures
INE1JAR25012 ICRA Limited [ICRA]AAA Stable Reaffirm - 21-07-2026 Verified 21-07-2026
b) Earlier rating details:
S. ISIN Name of the Credit Outlook Rating Specify Date of Verificat Date of
No. Credit Rating rating (Stable/ action other credit ion verificatio
Agency assigned Positive/ (New/ rating rating status of n
Negative Upgrade/ action CRAs
/ No Downgrade (verified/
Outlook) / Reaffirm/ not
Other) verified)
INE1JAR07010 Crisil Ratings Crisil AAA Stable Reaffirm - 15-07-2026 Verified 15-07-2026
Limited
INE1JAR07028 Crisil Ratings Crisil AAA Stable Reaffirm - 15-07-2026 Verified 15-07-2026
Limited
INE1JAR07036 Crisil Ratings Crisil AAA Stable Reaffirm - 15-07-2026 Verified 15-07-2026
Limited
Proposed Non- Crisil Ratings Crisil AAA Stable Assign - 15-07-2026 Verified 15-07-2026
Convertible Limited
Debentures
INE1JAR25012 Crisil Ratings Crisil AAA Stable Reaffirm - 15-07-2026 Verified 15-07-2026
Limited
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
ICRA Limited
ICRA/Knowledge Realty Trust/21072026/1
Date: July 21, 2026
Mr. Siddharth Jain
Authorised Signatory
Knowledge Realty Trust
14th Floor, One International Center,
Tower 1, Senapati Bapat Marg,
Elphinstone Road, Mumbai – 400013.
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned Instruments of Knowledge Realty Trust
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has
taken the following rating actions for the mentioned instruments of your company.
Rated Amount Financial Sector
Instrument Rating Action1
(Rs. crore) Regulator#
[ICRA]AAA (Stable);
Issuer rating - -@
reaffirmed
Total -
@Since no instrument is being rated, FSR is not applicable. The rating scale and definitions stipulated in SEBI
Master Circular for CRAs are being followed
The aforesaid rating(s) will become due for surveillance within one year from the date of rating
communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any
time based on new information becoming available, or the required information not being available, or other
circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and
investors to visit ICRA website at www.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any
change in the terms or size of the same would require a review of the rating(s) by us. In case there is any
change in the terms and conditions or the size of the rated instrument, the same must be brought to our
notice before the instrument is used by you. In the event such changes occur after the rating(s) have been
assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing,
any change in the over-all limit of the instrument from that specified in this letter, would constitute an
enhancement that would not be covered by or under the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be
treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal
amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed
of any other developments which may have a direct or indirect impact on the debt servicing capability of the
1 Complete definitions of the ratings assigned are available at www.icra.in.
BuildSinegn Nsiot.i v8i,t 2yn Ld aFbloeolr ,: TInowteerrn Aa l Tel.: +91.124 .4545300 Website: www.icra.in
DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Email: info@icraindia.com
Gurugram – 122002, Haryana Helpdesk: +91 9354738909
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41
RATING ● RESEARCH ● INFORMATION
company including any proposal for re-schedulement or postponement of the repayment programmes of
the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development
that could impact the ability of the company to raise funds such as restriction imposed by any authority from
raising funds through issuance of debt securities through electronic bidding system. Fur
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