Knowledge Realty Trust Affirms 'AAA/Stable' Ratings by Crisil

Knowledge Realty Trust (KRT) has announced that Crisil Ratings Limited has assigned a 'Crisil AAA/Stable' rating to its proposed Non-Convertible Debentures and reaffirmed the same rating for existing Non-Convertible Debentures. Additionally, Crisil has reaffirmed the 'CRISIL A1+' rating for KRT's commercial papers and the 'Crisil AAA/Stable' rating for its corporate credit. These ratings indicate the highest degree of safety and lowest credit risk for debt obligations. The company has also provided details of earlier ratings from Crisil and ICRA, showing a revalidation of existing ratings and a new assignment for proposed debentures.