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Latest filing: 2026-09-07 15:54
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12 announcements match the current filters (relevance ≥ 5).
KRT Board Committee Approves Raising Up to ₹1,000 Cr via Non-Convertible Debentures
Knowledge Realty Trust (KRT) announced that its Borrowing Committee approved the issuance of listed, rated, secured, redeemable non-convertible debentures (NCDs) for an aggregate principal amount of up to ₹1,000 crore. The debentures will have a face value of ₹1,00,000 each and will be issued on a private placement basis in one or more tranches. This fundraise aligns with the Trust's stated financing headroom to support pipeline growth and portfolio development.
Confidence: HIGH
What changedThe manager's Borrowing Committee has formally authorized a ₹1,000 crore NCD debt issuance program.
Why it mattersProvides required liquidity and capital to support ongoing capex (including 1.2 msf under-construction assets) or refinance existing borrowings at competitive rates.
Total fundraise authorized: up to INR 1000,00,00,000Face value per debenture: INR 1,00,000Issuance mode: Private placement
📅 Short termNeutral; market will observe coupon pricing and credit ratings assigned to the tranche upon issuance.
📈 Long termSupports the REIT's conservative balance sheet strategy and provides liquidity to fund growth targets within its existing leverage framework.
⚠ Risk flags
- Interest rate risk and refinancing terms pending final tranche pricing.
Key Highlights
Approved raising of up to ₹1,000 crore via fresh issuance of NCDs
Debentures to have a face value of ₹1,00,000 each
Issuance will be on a private placement basis in one or more tranches/series
Instruments will be listed, rated, secured, and redeemable
👀 What to Watch
Track the upcoming pricing, coupon rate, and tenure details of the NCD tranches, as well as the specific deployment of proceeds toward debt refinancing or ongoing development pipeline.
Sponsor Group Sells 25.03% Stake (1.11B Units) via OFS to Comply with Public Float Norms
Sponsor group entities (BREP Asia affiliates) of Knowledge Realty Trust sold 1,110,000,000 units (25.03% of total outstanding units) via an Offer for Sale on August 31 and September 1, 2026. The transaction reduces total sponsor group unitholding from 36.13% (1,602,144,423 units) to 11.10% (492,144,423 units). Units were offloaded at an average gross price range between Rs 108.77 and Rs 109.06 per unit. The divestment completes compliance with SEBI's minimum public unitholding requirements.
Confidence: HIGH
What changedSponsor group offloaded 25.03% equity via an Offer for Sale, lowering their holding from 36.13% to 11.10%.
Why it mattersEliminates regulatory compliance risk regarding public float rules and boosts free float liquidity, though it meaningfully reduces sponsor unitholding.
Units sold: 1,110,000,000 unitsStake sold: 25.03%Pre-trade sponsor stake: 36.13%Post-trade sponsor stake: 11.10%Average price range: Rs 108.77 - Rs 109.06
📅 Short termRemoves the impending secondary supply overhang now that the large OFS transaction has settled.
📈 Long termSubstantially increased free float improves market liquidity and potential weighting in institutional benchmark indices.
⚠ Risk flags
- Diluted sponsor alignment as holding drops to 11.10%
Key Highlights
Sponsor group sold 1,110,000,000 units (25.03% of outstanding units) through an exchange-based OFS.
Total sponsor group stake reduced significantly from 36.13% to 11.10%.
Average gross transaction prices realized were between Rs 108.77 and Rs 109.06 per unit.
The transaction brings the REIT into full compliance with minimum public unitholding regulations.
👀 What to Watch
Monitor the subsequent quarterly shareholding disclosures to evaluate the quality of institutional investors absorbing the 25% float expansion.
Sponsor Group Sells 25.03% Stake (111 Cr Units) via OFS in Knowledge Realty Trust
Sponsor group entities affiliated with BREP sold 1,110,000,000 units (representing a 25.03% stake) in Knowledge Realty Trust via an Offer for Sale on August 31 and September 1, 2026. The units were offloaded at average gross prices ranging between Rs 108.77 and Rs 109.06 per unit across BSE and NSE. Following the transaction, the BREP sponsor group's combined unitholding decreased from 36.13% (1,602,144,423 units) to 11.10% (492,144,423 units).
Confidence: HIGH
What changedBREP sponsor entities monetized a 25.03% stake, reducing their holding in Knowledge Realty Trust from 36.13% to 11.10%.
Why it mattersThe massive secondary market divestment significantly expands the REIT's public float and trading liquidity, while reducing sponsor group concentration.
Units sold: 1,110,000,000 unitsStake sold: 25.03%Post-trade sponsor holding: 11.10%Average sale price range: Rs 108.77 - Rs 109.06
📅 Short termLarge secondary unit supplies may cause temporary price consolidation around the OFS price level of ~Rs 108.8-109.0.
📈 Long termBroader unitholder base and enhanced free-float liquidity can improve index representation and institutional participation.
⚠ Risk flags
- Potential overhang from remaining 11.10% sponsor group stake if further divestment occurs
Key Highlights
Sponsor group sold 1,110,000,000 units aggregating to 25.03% of total outstanding trust units
Pre-trade sponsor group holding stood at 36.13% (1,602,144,423 units), reducing to 11.10% (492,144,423 units) post-trade
Transactions were executed on August 31, 2026, and September 1, 2026, at average prices between Rs 108.77 and Rs 109.06 per unit
Total transaction value across selling entities exceeds Rs 12,000 crore via stock exchange mechanisms
👀 What to Watch
Monitor post-OFS trading volumes and unitholding pattern changes to assess institutional buyer composition and floating supply dynamics.
BREP Sellers Exercise 8.34% Green-Shoe in KRT OFS; Total Sale Expands to 25.03% (1.11 Bn Units)
BREP Asia entities have exercised the oversubscription option in the Offer for Sale (OFS) of Knowledge Realty Trust (KRT) units. The sellers will offload an additional 370,000,000 units (8.34% stake) on top of the base offer of 740,000,000 units (16.69% stake). This brings the total offer size to 1,110,000,000 units, representing 25.03% of KRT's unit capital. A total of 111,000,002 units (10% of the offer) are reserved for retail investors bidding on September 1, 2026.
Confidence: HIGH
What changedSponsors/sellers exercised the greenshoe option, expanding the OFS divestment from 16.69% to 25.03% of KRT's total unit capital.
Why it mattersThe expanded divestment increases the REIT's public float to meet SEBI minimum public unitholding norms, while absorbing institutional and retail demand in the secondary market.
Base Offer Units: 740,000,000 units (16.69%)Oversubscription Units: 370,000,000 units (8.34%)Total Offer Units: 1,110,000,000 units (25.03%)Retail Reserved Units: 111,000,002 units
📅 Short termLarge unit supply absorption could keep unit prices closely tied to the OFS clearing price over immediate trading sessions.
📈 Long termHigher free float and institutional participation typically enhance liquidity and index weighting for the REIT without affecting underlying operational cash flows.
⚠ Risk flags
- Near-term unit price overhang from large secondary supply (25.03% of capital)
- Sponsor/seller partial exit
Key Highlights
Sellers exercised the oversubscription option for 370,000,000 units (8.34% of unit capital)
Total OFS size increased to 1,110,000,000 units, representing 25.03% of total unit capital
Base offer stood at 740,000,000 units (16.69% of unit capital)
Retail allocation reserved at 111,000,002 units (10% of total offer units) on September 1, 2026
Transaction aids in complying with SEBI Minimum Public Unitholding requirements for REITs
👀 What to Watch
Track the final settlement and subscription data across retail and non-retail categories, as well as the updated post-OFS unitholding structure.
Sponsors Exercise Green-Shoe Option for 37 Cr Units in Knowledge Realty Trust OFS
Sellers belonging to the BREP Asia group have exercised the oversubscription option for 370,000,000 units (8.34% of unit capital) in the ongoing Offer for Sale (OFS) of Knowledge Realty Trust. Together with the base offer of 740,000,000 units (16.69%), the total OFS size increases to 1,110,000,000 units representing 25.03% of the Trust's total unit capital. Following the green-shoe exercise, 111,000,000 units (10% of the total offer) are reserved for allocation to retail investors on September 1, 2026 (T+1 Day). The entire offer proceeds contribute towards achieving minimum public unitholding compliance under SEBI REIT regulations.
Confidence: HIGH
What changedSponsors exercised the green-shoe option, expanding the OFS divestment from 16.69% to 25.03% of total unit capital.
Why it mattersA full 25.03% stake sale significantly increases the public float and liquidity of the REIT, helping fulfill SEBI's minimum public unitholding rules while creating short-term secondary market supply.
Oversubscription units: 370,000,000 unitsOversubscription stake: 8.34%Total offer units: 1,110,000,000 unitsTotal offer stake: 25.03%Retail reservation units: 111,000,000 units
📅 Short termShort-term unit price may experience absorption pressure due to the substantial volume (111 cr units) entering the market, with retail bidding concluding on September 1, 2026.
📈 Long termEnhances free-float liquidity and broadens institutional and retail unitholder base, aligning with SEBI minimum public unitholding compliance.
⚠ Risk flags
- Near-term supply overhang as 25.03% of total units are offloaded into the market.
Key Highlights
Oversubscription option exercised for 370,000,000 units (8.34% of unit capital).
Total OFS size increased to 1,110,000,000 units (25.03% of unit capital).
Retail investor reservation set at 111,000,000 units (10% of aggregate offer units).
Retail bidding window opens on September 1, 2026 (T+1 Day).
👀 What to Watch
Track retail bidding demand and final allotment clearing price on September 1, 2026, alongside resulting changes in public unitholding.
Sponsors launch OFS for up to 25.03% stake (1.11B units) in KRT to meet public float norms
Sponsor group entities of Knowledge Realty Trust (BREP Asia entities) have announced an Offer for Sale (OFS) of up to 740,000,000 units (16.69% stake) with an oversubscription option for an additional 370,000,000 units (8.34% stake). If fully exercised, the total OFS will comprise 1,110,000,000 units (25.03% of unit capital). The OFS opens on August 31, 2026 for non-retail investors and September 1, 2026 for retail investors to comply with SEBI minimum public unitholding norms.
Confidence: HIGH
What changedSponsor group members (BREP Asia entities) are offloading up to 25.03% of their holdings in KRT via an exchange-based Offer for Sale.
Why it mattersThe sale significantly broadens KRT's public float and liquidity to achieve SEBI compliance, though large secondary supply may create near-term market absorption pressure.
Base Offer Units: 740,000,000 units (16.69%)Oversubscription Option: 370,000,000 units (8.34%)Total Potential Offer Size: 1,110,000,000 units (25.03%)MF & Insurance Reservation: 25% of Offer UnitsOffer Dates: August 31, 2026 - September 1, 2026
📅 Short termShort-term trading activity and unit price may adjust towards the OFS floor and clearing price as large unit volumes hit the secondary market.
📈 Long termEnhances long-term trading liquidity, broadens institutional unitholder base, and achieves full regulatory compliance for REIT public float.
⚠ Risk flags
- Short-term supply overhang from the sale of up to 25.03% unit capital
- Substantial secondary stake reduction by the primary sponsor group
Key Highlights
Base Offer to sell up to 740,000,000 units, representing 16.69% of the total Unit capital
Oversubscription option of up to 370,000,000 units (8.34%), taking total potential sale to 25.03% (1,110,000,000 units)
Bidding opens on August 31, 2026 for Non-Retail investors and September 1, 2026 for Retail investors
Minimum of 25% of the Offer Units reserved for Mutual Funds and Insurance Companies
Initiated to achieve Minimum Public Unitholding compliance under SEBI REIT Regulations
👀 What to Watch
Track the floor price announcement, institutional bid clearing prices on August 31, 2026, and final subscription levels across non-retail and retail tranches.
KRT Q1 FY27: 15% YoY Revenue Growth to ₹1,243 Cr; Occupancy Rises to 93%
Knowledge Realty Trust (KRT) reported a strong start to FY27 with Revenue and Net Operating Income (NOI) both growing 15% YoY to ₹1,243 crore and ₹1,112 crore respectively. The REIT declared a distribution of ₹1.7 per unit (DPU), a 5% increase from the previous quarter, with 84% of it being tax-efficient. Portfolio occupancy improved to 93%, driven by 1.4 million square feet (msf) of gross leasing. Management highlighted a significant 25% mark-to-market (MTM) rental upside, having realized a 35% spread on new leases this quarter.
Confidence: HIGH
What changedKRT reported its Q1 FY27 performance, showing a 1% improvement in occupancy and a 5% increase in quarterly distribution per unit.
Why it mattersAs India's largest REIT by market cap, KRT's ability to realize its 25% mark-to-market rental potential and maintain high occupancy is critical for sustaining and growing its distribution yield.
Revenue (Q1 FY27): ₹1,243 crNOI Growth (YoY): 15%Distribution Per Unit: ₹1.7Portfolio Occupancy: 93%Mark-to-Market Potential: 25%Fixed-rate Debt Portion: 30%
📅 Short termThe stock may see positive sentiment due to the 15% NOI growth and the sequential increase in distribution per unit.
📈 Long termStructural growth is supported by a 46.3 msf total portfolio and an 8.0 msf development pipeline, alongside high rental spreads in key markets like Hyderabad and Bangalore.
⚠ Risk flags
- 70% of debt remains on floating rates
- Potential demand disruption in traditional IT services due to AI
Key Highlights
Revenue and NOI both increased by 15% YoY to ₹1,243 crore and ₹1,112 crore respectively
Declared a distribution of ₹1.7 per unit, totaling ₹752 crore for the quarter
Portfolio occupancy improved to 93% from 92% in the previous quarter
Achieved 1.4 msf of gross leasing with a 35% rental spread on new leases
Fixed-rate debt increased to 30% of the portfolio at a blended interest rate of 7.2%
👀 What to Watch
Monitor the leasing progress of the 1.2 msf under-construction portfolio in Bangalore and the management's ability to reach the 94-95% occupancy target. Watch for further shifts from floating to fixed-rate debt to mitigate interest rate volatility.
15% YoY Revenue Growth; KRT Declares ₹1.70 DPU for Q1 FY27
Knowledge Realty Trust (KRT) reported a strong start to FY27 with Revenue and Net Operating Income (NOI) both growing 15% YoY to ₹1,243.1 cr and ₹1,111.7 cr respectively. The trust declared a distribution of ₹751.6 cr, translating to a Distribution Per Unit (DPU) of ₹1.70, a 5% increase over the previous quarter. Portfolio occupancy improved to 93%, supported by 1.4 million square feet of gross leasing during the quarter. Financial health remains robust with a low Loan-to-Value (LTV) ratio of 18% and a competitive blended debt rate of 7.2%.
Confidence: HIGH
What changedKRT reported its Q1 FY27 financial results, showing a 15% YoY growth in core metrics and a 5% QoQ increase in unitholder distributions.
Why it mattersAs India's largest REIT by market cap, KRT's ability to maintain 93% occupancy and achieve 35% spreads on new leases indicates strong demand for Grade-A office space despite global macro uncertainties.
Revenue (Q1 FY27): ₹12,431 millionNet Operating Income (NOI): ₹11,117 millionDistribution Per Unit (DPU): ₹1.70Portfolio Occupancy: 93%Loan-to-Value (LTV): 18%Debt Raised vs Market Cap: ~2.1%
📅 Short termPositive sentiment is expected in the short term due to the distribution hike and strong leasing spreads of 35% on new leases.
📈 Long termStructural growth is supported by a 46.5 msf total portfolio and a significant development pipeline, though long-term performance depends on maintaining high occupancy levels.
⚠ Risk flags
- 70% of debt remains at floating rates, creating exposure to interest rate volatility.
Key Highlights
Revenue and NOI grew 15% YoY to ₹12,431 million and ₹11,117 million respectively.
Declared record distributions of ₹7,516 million, representing a DPU of ₹1.70 per unit.
Portfolio occupancy reached 93%, up 100 bps during the quarter with 1.4 msf gross leasing.
Mumbai portfolio occupancy surged to 92%, up 300 bps quarter-on-quarter.
Raised ₹11,000 million in debt at a blended rate of 7.2% p.a.p.q.
👀 What to Watch
Monitor the leasing progress of the 2.6 msf under-construction portfolio and the management's execution on the ₹7,000-8,000 cr acquisition headroom to drive further DPU growth.
15% YoY Revenue Growth: KRT Reports Strong Q1 FY27 with ₹7,516 Million Distribution
Knowledge Realty Trust (KRT) delivered a strong start to FY27, reporting a 15% YoY increase in both Revenue and Net Operating Income (NOI), reaching ₹12,431 million and ₹11,117 million respectively. Portfolio occupancy improved by 100 bps to 93%, driven by 1.4 million sq. ft. of gross leasing with a high 35% average spread on new leases. The trust declared a record distribution of ₹7,516 million (₹1.70 per unit), a 5% increase over the previous quarter. With a low LTV of 18% and ₹11,000 million in new debt raised at 7.2%, the trust maintains significant headroom for inorganic growth.
Confidence: HIGH
What changedKRT has increased its portfolio occupancy to 93% and successfully raised its fixed-rate debt component to 30% from 0% at listing.
Why it mattersThe strong leasing spreads (35%) and high occupancy demonstrate robust demand for Grade-A office space, ensuring stable and growing cash flows for distributions, which are 84% tax-efficient.
Revenue (Q1 FY27): ₹12,431 millionNet Operating Income: ₹11,117 millionDistribution Per Unit: ₹1.70Loan-to-Value (LTV): 18%Gross Leasing: 1.4 million sq. ft.Blended Debt Rate: 7.2%
📅 Short termThe stock may see positive momentum driven by the 5% QoQ distribution hike and strong operational metrics like the 1,400 bps occupancy jump in Central Mumbai since Mar'25.
📈 Long termKRT is well-positioned for structural growth through its 46.5 msf total portfolio and significant acquisition capacity, supported by its status as India's largest REIT by market cap.
⚠ Risk flags
- 70% of debt remains on floating rates, posing a risk if interest rates remain elevated
- Concentration risk with top 10 tenants contributing 28% of gross rentals
Key Highlights
Revenue and NOI grew 15% YoY to ₹12,431 million and ₹11,117 million respectively
Declared record distributions of ₹7,516 million, translating to a DPU of ₹1.70 (up 5% QoQ)
Portfolio occupancy reached 93%, aided by gross leasing of 1.4 million square feet
Realized average spread of 35% on new leasing and 29% on renewals during the quarter
Raised debt of ₹11,000 million at a blended rate of 7.2% while maintaining a low LTV of 18%
👀 What to Watch
Investors should monitor the execution timeline of the 2.6 million sq. ft. under-construction portfolio and the management's utilization of the ₹7,000-8,000 Cr financing headroom for potential acquisitions.
KRT Announces ₹1.695 Per Unit Distribution; Record Date July 31, 2026
Knowledge Realty Trust (KRT) has declared a total distribution of ₹7,516.31 million for the quarter ended June 30, 2026. The distribution amounts to ₹1.695 per unit, consisting of dividend (₹0.922), interest (₹0.278), debt repayment (₹0.494), and other income. The record date is fixed for July 31, 2026, with payments to be completed by August 7, 2026. Additionally, the trust confirmed nil deviation in the utilization of ₹48,000 million raised via IPO and ₹6,000 million via NCDs.
Confidence: HIGH
What changedThe trust has declared its quarterly distribution and confirmed its Q1 FY2027 financial results, maintaining its payout schedule.
Why it mattersFor REIT investors, consistent quarterly distributions are the primary source of return; the breakdown between dividend and interest is also crucial for individual tax planning.
Total Distribution: ₹7,516.31 millionDistribution per Unit: ₹1.695Dividend Component: ₹0.922 per unitIPO Proceeds Utilized: ₹47,976.80 millionNCD Funds Raised: ₹6,000 millionRecord Date: July 31, 2026
📅 Short termThe stock is likely to see activity around the record date as investors position for the ₹1.695 per unit payout.
📈 Long termKRT's long-term stability depends on its ability to lease the 1.2 msf under-construction portfolio by FY2026 and maintain its 17-20% growth trajectory.
⚠ Risk flags
- Occupancy risk if levels fall below 92%
- Concentration risk with top 10 tenants contributing 28% of rentals
- Execution risk on the 1.2 msf Bangalore pipeline
Key Highlights
Total distribution of ₹7,516.31 million approved for the quarter ended June 30, 2026
Distribution per unit fixed at ₹1.695, with a significant dividend component of ₹0.922
Record date for unitholder eligibility is July 31, 2026, with payment by August 7, 2026
Confirmed full utilization of ₹48,000 million IPO proceeds for debt repayment and issue expenses
Zero deviation reported in the use of ₹6,000 million raised through NCDs on June 19, 2026
👀 What to Watch
Investors should note the record date of July 31 to be eligible for the payout and monitor the upcoming earnings presentation for updates on the 92% occupancy rate and Bangalore expansion progress.
₹12,431M Revenue: KRT Q1 FY27 Revenue & NOI Grow 15% YoY; Occupancy Hits 93%
Knowledge Realty Trust (KRT) reported a strong start to FY27 with revenue and Net Operating Income (NOI) both growing 15% YoY to ₹12,431 million and ₹11,117 million, respectively. The trust declared a record distribution of ₹7,516 million, resulting in a Distribution Per Unit (DPU) of ₹1.70, a 5% increase from the previous quarter. Portfolio occupancy improved by 100 bps to 93%, driven by 1.4 million sq. ft. of gross leasing, with a notable 300 bps QoQ occupancy jump in the Mumbai portfolio. Financial stability remains high with a low LTV of 18% and a recent debt raise of ₹11,000 million at a competitive 7.2% rate.
Confidence: HIGH
What changedKRT achieved a record quarterly distribution and improved its portfolio occupancy to 93%, while successfully increasing its fixed-rate debt portion to 30%.
Why it mattersThe 15% growth in NOI and high rental spreads (35% on new leases) demonstrate strong pricing power and demand for Grade-A office spaces despite global macro uncertainties.
Revenue (Q1 FY27): ₹12,431 millionNet Operating Income (NOI): ₹11,117 millionDistribution Per Unit (DPU): ₹1.70Portfolio Occupancy: 93%Loan-to-Value (LTV): 18%Gross Leasing (Q1): 1.4 msf
📅 Short termThe stock may see positive sentiment driven by the 5% QoQ distribution hike and robust leasing spreads, reflecting healthy operational momentum.
📈 Long termKRT's large 46.5 msf portfolio and low leverage position it well for multi-year growth through both organic rental escalations and accretive acquisitions.
⚠ Risk flags
- Execution risk for the 2.6 msf under-construction area
- Concentration risk with top 10 tenants contributing 28% of rentals
Key Highlights
Revenue and NOI both increased by 15% YoY to ₹12,431 million and ₹11,117 million respectively.
Declared record distributions of ₹7,516 million (₹1.70 per unit), with 84% being tax-efficient.
Portfolio occupancy reached 93%, supported by 1.4 million sq. ft. of gross leasing during the quarter.
Realized a 35% average rental spread on new leasing and 29% on renewals.
Maintained a low Loan-to-Value (LTV) ratio of 18%, providing significant headroom for future acquisitions.
👀 What to Watch
Investors should monitor the leasing progress of the 2.6 million sq. ft. under-construction pipeline and the potential for inorganic growth given the ₹7,000-8,000 Cr financing headroom.
KRT Announces INR 7,516.31 Million Distribution; INR 1.695 Per Unit for Q1 FY2027
Knowledge Realty Trust (KRT) has approved a total distribution of INR 7,516.31 million for the quarter ended June 30, 2026, translating to INR 1.695 per unit. The distribution is structured with a dividend component of INR 0.922, interest of INR 0.278, and debt repayment of INR 0.494 per unit. The record date for this payout is July 31, 2026, with the payment scheduled to be completed by August 7, 2026. The trust also confirmed nil deviation in the utilization of funds raised through its IPO and Non-Convertible Debentures.
Confidence: HIGH
What changedThe board has formalized the Q1 FY2027 financial results and declared the quarterly distribution amount and its specific tax-related components.
Why it mattersFor REIT investors, the consistency and tax-composition of distributions are the primary drivers of yield; this announcement confirms the trust's ability to generate distributable cash flow from its 37.1 msf operational assets.
Total Distribution: INR 7,516.31 millionDistribution per Unit: INR 1.695Dividend Component: INR 0.922 per unitRecord Date: 2026-07-31Operational Area: 37.1 msf
📅 Short termThe stock is likely to remain supported until the record date of July 31 as investors seek to capture the INR 1.695 per unit distribution.
📈 Long termLong-term value depends on the successful leasing of the 1.2 msf under-construction pipeline by FY2026 and maintaining high occupancy across the 46.3 msf total portfolio.
⚠ Risk flags
- Occupancy risk if levels fall below 92%
- Interest rate sensitivity affecting debt repayment components
- Execution risk in the 1.2 msf Bangalore expansion
Key Highlights
Total distribution of INR 7,516.31 million approved for the quarter ended June 30, 2026
Per unit distribution of INR 1.695, including a dividend of INR 0.922 and debt repayment of INR 0.494
Record date for the distribution set for July 31, 2026, with payment by August 7, 2026
Nil deviation reported in the use of proceeds from IPO and NCD issuances for the quarter
Trust maintains a large 46.3 msf portfolio with 37.1 msf currently operational
👀 What to Watch
Investors should monitor the upcoming earnings presentation for updates on occupancy levels (currently 92%) and the progress of the 1.2 msf under-construction portfolio in Bangalore, which are critical for future distribution growth.