NSEUpdates4d ago · 18 Sept 2026, 02:17 pm
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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.
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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