Knowledge Realty Trust has announced its first extra-ordinary meeting of unitholders, scheduled for February 03, 2026, at 11:00 AM through video conferencing. The meeting will address six critical resolutions aimed at strengthening the trust's operational framework and corporate structure.

Key Appointments for Ratification

The meeting will focus on ratifying two important service provider appointments. The first resolution seeks unitholder approval for the appointment of IVAS Partners, represented by partner Mr. Shubhendu Saha, as the independent valuer for the trust until the conclusion of the Annual Meeting for financial year 2025-26.

The second resolution involves ratifying the appointment of M/s S R B C & Co LLP, Chartered Accountants, as statutory auditors. The Board of Directors approved audit fees of ₹50.00 lakhs for the year ended March 31, 2026, including limited review fees for quarterly periods.

Borrowing Framework and Related Party Transactions

Unitholders will vote on establishing a comprehensive borrowing framework allowing aggregate consolidated borrowings and deferred payments up to 35% of KRT assets value. The trust currently maintains strong credit ratings of CRISIL AAA/Stable and ICRA AAA (Stable), supporting its borrowing capacity.

A specific resolution addresses borrowings from Axis Bank Limited, a related party as promoter of the trustee Axis Trustee Services Limited. The proposal seeks approval for borrowings up to 35% of total consolidated borrowings from Axis Bank in various forms including debentures, term loans, and commercial papers.

Corporate Restructuring Through Demergers

Two significant demerger proposals will be presented to unitholders, aimed at enhancing operational efficiency and streamlining the holding structure. The first involves Devbhumi Realtors Private Limited (DRPL), where four blocks will be demerged into separate wholly-owned subsidiaries.

The second demerger involves One International Center Private Limited (OICPL), where One Unity Center with 1.00 msf² mn leasable area will be demerged into a wholly-owned subsidiary to be incorporated.

Meeting Logistics and Voting Process

The extra-ordinary meeting will be conducted exclusively through video conferencing, with physical attendance dispensed. Remote e-voting will be available from January 31, 2026, at 09:00 hours to February 02, 2026, at 17:00 hours. The cut-off date for determining eligible unitholders is January 27, 2026.

Knowledge Realty Trust, registered as a REIT on October 18, 2024, operates from its principal place of business at One BKC, Mumbai. The trust has engaged KFin Technologies Limited as registrar and transfer agent for e-voting and meeting participation services. All resolutions require simple majority approval, with votes cast in favor exceeding fifty percent of total votes cast for each resolution.

Knowledge Realty Trust held a board meeting on January 12, 2026, where directors approved several significant corporate restructuring initiatives and financial proposals. The meeting, conducted by Knowledge Realty Office Management Services Private Limited as the trust's manager, addressed key strategic decisions requiring unitholder approval.

Borrowing Authorization and Banking Arrangements

The board authorized the trust and its portfolio entities to borrow funds with specific parameters and conditions. The borrowing framework establishes clear limits and operational guidelines for future financial activities.

Corporate Restructuring Initiatives

The board approved multiple demerger proposals aimed at streamlining business operations and enhancing corporate efficiency. These restructuring initiatives require regulatory and governmental approvals, including National Company Law Tribunal consent.

Key restructuring decisions include:

• Devbhumi Realtors Private Limited Demerger: Approved restructuring of this special purpose vehicle to improve operational efficiency
• One International Center Private Limited Demerger: Authorized demerger of the Mumbai property holding entity
• New Subsidiary Incorporation: Approved creation of a wholly-owned subsidiary under One International Center Private Limited
• Share Capital Reduction: Approved scheme of arrangement for One World Center Private Limited to reduce share capital

Extraordinary Meeting Schedule

The board scheduled the first extraordinary meeting of unitholders to seek approval for the proposed initiatives. The meeting arrangements reflect modern corporate governance practices with digital participation options.

Regulatory Compliance and Next Steps

All approved proposals remain subject to unitholder approval at the upcoming extraordinary meeting. The trust will issue a separate notice containing comprehensive details about the meeting agenda, voting procedures, and relevant documentation. The board meeting commenced at 11:00 AM IST and concluded at 11:30 AM IST, with all decisions properly documented for regulatory compliance.

The trust will make additional information available on its official website at www.knowledgerealtytrust.com , ensuring transparent communication with stakeholders regarding these significant corporate developments.