Knowledge Realty Trust , India's largest office REIT, has announced the appointment of two new directors to its board on November 10, 2025. The appointments aim to strengthen the Trust's leadership and bring valuable expertise to guide its future growth.

New Appointments

1. Sunil Ramakant Bhumralkar has been appointed as an Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval.

2. Asheesh Mohta has been appointed as an Additional Non-Executive, Non-Independent Director, also subject to shareholder approval.

About Sunil Ramakant Bhumralkar

Mr. Bhumralkar brings 38 years of experience as a Chartered Accountant, having worked with leading accounting firms in India. His career highlights include:

• Senior Audit Partner at SR Batliboi and Associates LLP
• Head of Assurance practice for South India and Technology Media and Telecom sector nationally
• Member of the Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India (ICAI) in 2014-15
• Extensive experience in Financial Reporting, Corporate Governance, and Internal Financial Controls
• Currently serves as an Independent Director on boards of several listed and unlisted companies

About Asheesh Mohta

Mr. Mohta is the Head of Real Estate India at Blackstone, based in Mumbai. His background includes:

• Joined Blackstone in 2007
• Experience in analyzing real estate investments across residential, commercial, and hospitality sectors
• Previously worked as Assistant Vice President with the real estate arm of The Chatterjee Group
• Holds a Bachelor's of Commerce (honours) degree from the University of Calcutta and an MBA from the Indian School of Business

These appointments were made by the board of Knowledge Realty Office Management Services Private Limited, which serves as the manager to Knowledge Realty Trust.

The addition of Mr. Bhumralkar and Mr. Mohta to the board is expected to bring valuable insights and expertise to Knowledge Realty Trust as it continues to grow its portfolio of premium office assets across India.

Knowledge Realty Trust , India's largest and most geographically diverse office REIT, announced its financial results for the quarter and half-year ended September 30, 2025. The company reported robust performance across key metrics in its first quarter since listing.

Financial Highlights

• Net Operating Income (NOI) grew 20% year-over-year to Rs. 19,544.00 million for H1 FY26, with NOI margins reaching a record 89%.
• Revenue for H1 FY26 stood at Rs. 22,019.00 million, up 17% from the previous year.
• For Q2 FY26, revenue was Rs. 11,238.00 million and NOI stood at Rs. 9,881.00 million.
• The company declared its first distribution of Rs. 6,900.00 million, or Rs. 1.56 per unit.

Operational Performance

• Portfolio occupancy increased by 340 basis points year-over-year to 92%.
• Achieved gross leasing of 1.8 million square feet in H1 FY26, comprising 1.2 million square feet of new leases and 0.6 million square feet of renewals, at an average spread of 29%.
• Core markets showed strong performance:

• Global Capability Centers (GCCs) and domestic firms accounted for about 70% of leasing activity in H1 FY26.

Capital Management

• Raised Rs. 16,000.00 million through AAA-rated listed Non-Convertible Debentures (NCDs) at a 7.2% coupon rate.
• Reduced average interest cost to 7.4% per annum, resulting in 120 bps annual savings.
• Maintained a loan-to-value ratio of 18%, providing significant headroom for growth.

Management Commentary

Shirish Godbole, Chief Executive Officer of Knowledge Realty Trust, stated, "Our IPO in August 2025 marked a significant milestone - not only for KRT but also for India's REIT ecosystem. We are delighted to report our robust maiden results post listing. Revenue grew 17% YoY to Rs. 22,019.00 million and NOI rose 20% YoY to Rs. 19,544.00 million with industry-leading margins."

Quaiser Parvez, Chief Operating Officer of Knowledge Realty Trust, added, "During the first half of FY26, we saw strong momentum with gross leasing of 1.8 million square feet and a healthy spread of 29%. Occupancy continues to trend upward, rising 340 bps YoY and taking portfolio occupancy to 92%, underpinned by GCCs and domestic demand."

Portfolio Overview

Knowledge Realty Trust's portfolio comprises 29 Grade-A office assets totaling 46.4 million square feet as of September 30, 2025:

• 37.1 million square feet of completed area
• 1.2 million square feet under construction
• 8.0 million square feet of future development potential

The portfolio is spread across 6 cities in India and includes 6 city-center offices and 23 integrated business parks/centers.

Knowledge Realty Trust will host a conference call on Monday, November 10, 2025, at 16:00 hours Indian Standard Time to discuss the H1/Q2 FY26 results. Investors can access the call details and replay on the company's website at www.knowledgerealtytrust.com .