StockWatch
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Real Estate Investment Trusts (REITs)
Corporate Action31 Aug 2026, 08:01 pm

Knowledge Realty Trust: Oversubscription Option Exercised in Offer for Sale

AI Summary

Knowledge Realty Trust announces the exercise of the Oversubscription Option by sellers 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 adds 370,000,000 Units (8.34% of unit capital) to the initial 740,000,000 Units (16.69%), bringing the total Offer Units to 1,110,000,000 (25.03% of unit capital). The total offer size will be considered for minimum public unitholding calculations as per SEBI regulations.

Key Highlights

  • Sellers exercised Oversubscription Option for 370,000,000 Units.
  • Total Offer Units now 1,110,000,000, representing 25.03% of unit capital.
  • Offer size impacts minimum public unitholding requirements.
  • Sale conducted via separate designated windows on BSE and NSE.