Blackstone to sell up to 25% stake worth Rs 11,988 crore in Knowledge Realty Trust

Blackstone plans to sell up to 25.03% of Knowledge Realty Trust units. This offer for sale aims to meet regulatory public unitholding requirements. The sale includes a base offer and an oversubscription option for additional units. The transaction will occur over two trading days on BSE and NSE. Blackstone and related entities currently hold a significant stake in the trust.