StockWatch
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Real Estate Investment Trusts (REITs)
Shareholding2 Sept 2026, 07:30 pm

Knowledge Realty Trust Completes OFS, Public Holding Rises to 46.48%

AI Summary

Knowledge Realty Trust has successfully completed an Offer for Sale (OFS) involving 1,110,000,000 units, representing 25.03% of its unit capital. The sale was conducted by sponsor group selling unitholders: BREP Asia SG L&T Holding (NQ) Pte. Ltd., BREP Asia SG DRPL Holding (NQ) Pte. Ltd., BREP Asia II Indian Holding Co IV (NQ) Pte. Ltd., and BREP Asia II Indian Holding Co VII (NQ) Pte. Ltd. This transaction, executed on August 31, 2026, and September 1, 2026, was in compliance with SEBI regulations and stock exchange guidelines to achieve the Minimum Public Unitholding (MPU) requirement. Following the OFS, the public unitholders' stake has increased from 21.44% to 46.48%, while the sponsor group's holding has reduced from 78.56% to 53.52%. The Trust has now successfully met the 25% MPU requirement.

Key Highlights

  • OFS completed for 1.11 billion units, 25.03% of total.
  • Public unitholding increased from 21.44% to 46.48%.
  • Trust now complies with the 25% MPU requirement.
  • Sponsor group holding reduced to 53.52%.