Loan & Debt5 Nov 2026, 04:40 pm
Knowledge Realty Trust Allots ₹500 Cr Commercial Papers
AI Summary
Knowledge Realty Trust, through its Manager Office Management Services Private Limited, has approved the allotment of 10,000 listed, rated, redeemable commercial papers. The total aggregate principal amount is INR 500,00,00,000/- (INR 500 Crore). These commercial papers have a face value of INR 5,00,000/- each, a term of 49 days from the allotment date of November 5, 2026, and will mature on December 24, 2026. The allotment is on a private placement basis at a discount with a rate of 7.4800%. The commercial papers are proposed to be listed on the wholesale debt market segment of BSE Limited.
Key Highlights
- Allotment of 10,000 commercial papers approved.
- Total principal amount raised is INR 500 Crore.
- Commercial papers have a 49-day tenor and mature on December 24, 2026.
- Allotment is on a private placement basis at a 7.4800% discount rate.
- Proposed to be listed on BSE's wholesale debt market.
Price Impact
More from KRT