Knowledge Realty Trust: Sellers Offer Up to 25.03% Units
Knowledge Realty Trust announces an Offer for Sale (OFS) by its selling shareholders, including BREP Asia SG L&T Holding (NQ) Pte. Ltd. and others. The sellers propose to sell an aggregate of up to 740,000,000 Units (16.69% of unit capital) as Base Offer Units, with an option to sell an additional 370,000,000 Units (8.34% of unit capital) as Oversubscription Option. If fully exercised, the total offer will represent 25.03% of the Trust's unit capital. The offer will be conducted on BSE and NSE, adhering to SEBI OFS guidelines, to achieve the minimum public unitholding requirement. The offer dates are August 31, 2026 (T Day) for non-retail investors and September 1, 2026 (T+1 Day) for retail investors and non-retail investors carrying forward bids. Bidders must qualify as 'public' under REIT Regulations.
Key Highlights
- Sellers to offer up to 25.03% of Knowledge Realty Trust units.
- Offer aims to meet minimum public unitholding norms.
- Sale includes Base Offer Units and an Oversubscription Option.
- Offer dates: Aug 31 (non-retail) & Sep 1 (retail/non-retail carry-forward).
- Transaction to be conducted via stock exchange mechanism.
Price Impact
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