Knowledge Realty Trust has submitted its Security Cover Certificates for the quarter and financial year ended March 31, 2026, to the stock exchanges. The submission was made in compliance with Regulation 54 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and related circulars. The certificates have been certified by M/s. S R B C & Co. LLP, Chartered Accountants, the statutory auditors of the Trust.

The report confirms that the Trust has maintained the required security cover for its listed secured Non-Convertible Debentures (NCDs). The Trust has issued 1,60,000 Series-I debentures with a face value of ₹100,000 each, amounting to ₹16,000 million, and 1,00,000 Series-II debentures with a face value of ₹100,000 each, amounting to ₹10,000 million. Both series are secured by the immovable property of Devbhumi Realtors Private Limited, along with present and future cash flows.

Security Cover Ratios

The auditor's report provides details on the security cover ratios for both standalone and consolidated financial statements. For the consolidated statements, the cover on book value stood at 1.53, while the cover on market value was 2.28. The standalone figures showed a cover on book value of 1.84 and a cover on market value of 2.28.

Financial Covenant Compliance

The Trust also confirmed compliance with the financial covenants specified in the Debenture Trust Deeds for both Series I and Series II NCDs. The REIT level Loan-to-Value (LTV) ratio was calculated at 17.44%, which is within the limit of not exceeding 49%. For the secured asset level, the LTV was 48.80% for Series I and 36.02% for Series II, both complying with the maximum limit of 58%.

The auditor concluded that nothing came to their attention to suggest that the Trust had not maintained the required security cover or failed to comply with the covenants as of March 31, 2026. The report was submitted to the Debenture Trustee, Catalyst Trusteeship Limited.

Knowledge Realty Trust has allotted 10,000 listed, rated, redeemable, rupee denominated commercial papers aggregating an aggregate principal amount of INR 500 Crore, following a resolution by circulation passed by the Borrowing Committee of its Manager, Knowledge Realty Office Management Services Private Limited, on 12th May, 2026. This allotment is in continuation of the trust's previous intimation dated 27th April, 2026.

Commercial Paper Allotment Details

The Borrowing Committee of Knowledge Realty Office Management Services Private Limited, acting as Manager to Knowledge Realty Trust, approved the allotment of the commercial papers carrying a face value of INR 5,00,000 per unit. The instruments were issued at a discount, in dematerialised form, on a private placement basis, in accordance with the terms and conditions outlined in the applicable transaction documents and the key information document dated 12th May, 2026.

The key details of the allotment are presented below:

Listing and Regulatory Information

The commercial papers are proposed to be listed on the wholesale debt market segment of BSE Limited. The allotment was communicated to both the National Stock Exchange of India Limited and BSE Limited as part of the trust's regulatory disclosure obligations under Regulation 30.