Knowledge Realty Trust has secured a CRISIL A1+ credit rating for its commercial paper programme valued at ₹500 crores, as disclosed to the stock exchanges on December 15, 2025. The rating reflects the trust's strong creditworthiness and financial stability in the real estate investment trust sector.

Credit Rating Details

CRISIL Ratings Limited assigned the CRISIL A1+ rating to Knowledge Realty Trust's commercial paper programme following comprehensive evaluation. The rating agency confirmed that securities with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations and carry the lowest credit risk.

Rating Validity and Terms

The rating letter carries specific validity terms for the commercial paper programme. For issuance purposes, the rating remains valid for 60 calendar days from December 1, 2025. Should the company not place the programme within this period or make changes to the size or structure of the proposed issue, the rating will require review and revalidation.

Once the commercial paper is issued, the CRISIL A1+ rating remains valid throughout the programme's life, subject to ongoing surveillance, with a maximum maturity period of one year. CRISIL Ratings reserves the right to withdraw or revise the rating based on new information or changing circumstances that may impact the assessment.

Regulatory Compliance

The trust disclosed the credit rating information to both NSE and BSE as part of its regulatory obligations under Regulation 30. Knowledge Realty Trust trades on NSE with scrip code KRT and on BSE with scrip codes 544481 for units and 977158 for non-convertible debentures.

The complete credit rating report issued by CRISIL Ratings Limited has been made available on the company's website at www.knowledgerealtytrust.com for stakeholder reference. This disclosure ensures transparency and provides investors with comprehensive information about the trust's credit assessment and commercial paper programme details.

The CRISIL A1+ rating indicates a very strong degree of safety for timely payment obligations, further solidifying Knowledge Realty Trust's financial position in the market.

Knowledge Realty Trust , a prominent player in the real estate investment sector, has announced a significant addition to its leadership team. The company's board has approved the appointment of Ms. Geetha Ravichandran as an Additional Non-Executive Independent Director, marking a strategic move to enhance its governance structure.

Key Appointment Details

Professional Background

Ms. Ravichandran brings a wealth of experience to her new role:

• Former Indian Revenue Service (IRS) officer from the 1987 batch
• Retired as Principal Chief Commissioner of Mumbai in 2023
• Extensive expertise in various tax department verticals, including:
  • Assessment
  • Appeals
  • Tribunal representation
  • International Tax
  • Investigation

Current Engagements

• Serves on the board of Tata Capital Limited as an Independent Director
• Holds board positions in several other companies

Additional Accomplishments

• Columnist writing on sustainability, cryptocurrency, and the impact of social media on society
• Published author with three books of poetry to her credit

This appointment is part of Knowledge Realty Trust's ongoing efforts to strengthen its corporate governance and bring diverse perspectives to its board. Ms. Ravichandran's extensive experience in the public sector, combined with her current roles in the private sector, is expected to provide valuable insights to the Trust's operations and strategic decisions.

The appointment is set to take effect from December 10, 2025, pending shareholder approval. This move aligns with the Trust's commitment to maintaining a robust and independent board structure, which is crucial for the effective management and growth of its real estate investment portfolio.

Investors and stakeholders will be keenly watching how Ms. Ravichandran's expertise in tax matters and her broader perspective on contemporary issues like sustainability and technology will contribute to the Trust's future direction and governance practices.