NSEUpdates4d ago · 18 Sept 2026, 02:17 pm

Updates

KNR Constructions Limited · KNRCON

✦ AI SummaryDivestiture

KNR Constructions Limited has transferred its equity share capital in KNR Guruvayur Infra Private Limited to Indus Infra Trust for a consideration of Rs. 485.86 Crore, receiving Rs. 193.32 Crore in investment from the SPV.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

KNR Constructions Limited has informed the Exchange regarding 'Transfer of equity shares held in KNR Guruvayur Infra Private Limited, wholly owned subsidiary of the Company'.

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KNRCON_18092026141731_Intimation.pdf

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KNR Constructions Limited Date: 18th September 2026 Ref: KNRCL/SD/2026/1109&1110 To, To, The Manager The Manager, BSE Limited, National Stock Exchange of India Limited, P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai – 400001 Bandra (E), Mumbai – 400051. Scrip code: 532942 Scrip Code: KNRCON Sub: Intimation under Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, Furtherance to our intimation dated 25th December 2025, we wish to inform you that KNR Constructions Limited (the “Company”) has transferred its all of the equity share capital in one of its subsidiary company ie KNR Guruvayur Infra Private Limited (“SPV/KGIPL”) to Indus Infra Trust (“Purchaser”). The Company had invested Rs. 193.32 crore (in the form of Equity and Subordinated Debt) in the SPV. Pursuant to the transaction, the Company has received a consideration of Rs. 485.86 Crore from the Purchaser. The details of the transaction are provided in Annexure I hereto. This is for your information and records. Kindly take the same on record and acknowledge receipt. Thanking you, Yours sincerely, For KNR Constructions Limited Haritha Varanasi Company Secretary Regd.Office : 'KNR House',3rd & 4th Floor, Plot No.114,Phase-l,Kavuri Hills, Hyderabad -500 033 Phone.:+91-40-40268759 ,40268761/ 62, Fax : 040- 40268760 , E-mail : info@knrcl.com, Web : www.knrcl.com CIN: L74210TG1995PLC130199 KNR Constructions Limited Annexure I Sr. Details required to be disclosed Disclosure by the Company 1. The amount and percentage of the turnover Turn Over as on March 31, 2026: or revenue or income and net worth Name of the Turnover (in % of contributed by such unit or division of the SPV Rs. Cr) Consolidated listed entity during the last financial year turnover KGIPL 237.21 8.79% Net worth as on March 31, 2026: Name of the Net worth % of SPV (in Rs. Cr) Consolidated Net worth KGIPL 394.38 7.93% 2. Date on which the agreement for sale has The Share Purchase Agreements were executed been entered into on December 24, 2025. 3. The expected date of completion of The sale has been completed on September 17, sale/disposal 2026. 4. Consideration received from such The Company had invested Rs. 193.32 crore (in sale/disposal the form of Equity and Subordinated Debt) in the SPV. Pursuant to the transaction, the Company has received a consideration of Rs. 485.86 Crore from the Purchaser. 5. Brief details of buyer and whether any of Indus Infra Trust (“Trust”), is a publicly listed the buyers belong to the promoter/ infrastructure investment trust, registered with promoter group/ group companies. If yes, SEBI under SEBI (Infrastructure Investment details thereof Trusts) Regulations, 2014. The Trust is established to acquire, manage and invest in a portfolio of infrastructure assets across sectors and / or securities of companies engaged in infrastructure sector. The Purchaser does not belong to the promoter/ promoter group/group companies. Regd.Office : 'KNR House',3rd & 4th Floor, Plot No.114,Phase-l,Kavuri Hills, Hyderabad -500 033 Phone.:+91-40-40268759 ,40268761/ 62, Fax : 040- 40268760 , E-mail : info@knrcl.com, Web : www.knrcl.com CIN: L74210TG1995PLC130199 KNR Constructions Limited 6. Whether the transaction would fall within No related party transactions? If yes, whether the same is done at “arm’s length” 7. Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for Amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale Regd.Office : 'KNR House',3rd & 4th Floor, Plot No.114,Phase-l,Kavuri Hills, Hyderabad -500 033 Phone.:+91-40-40268759 ,40268761/ 62, Fax : 040- 40268760 , E-mail : info@knrcl.com, Web : www.knrcl.com CIN: L74210TG1995PLC130199