NSEUpdates30 Sept 2026 · 30 Sept 2026, 04:21 pm
Updates
KNR Constructions Limited · KNRCON
✦ AI Summary▼ NegativeRegulatory
KNR Constructions Limited has informed the Exchange regarding 'Receipt of order from Asst Commissioner of Income tax'. The company has received penalty orders from the Office of the Assistant Commissioner of Income Tax, Central Circle 2(2) - Hyderabad for Assessment Years 2017-18, 2018-19, 2019-20, and 2020-21. The company will file an appeal before the appropriate forum within the stipulated timeline.
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Earnings Impact5/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment4/10
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KNR Constructions Limited has informed the Exchange regarding 'Receipt of order from Asst Commissioner of Income tax'.
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KNRCON_30092026162151_Intimation.pdf
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KNR Constructions Limited.
Date: 30th September 2026 Ref: KNRCL/SD/2026/1121&1122
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
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 – Orders under Income
Tax Act, 1961.
The Company is in receipt of orders from the Office of the Assistant Commissioner of Income Tax,
Central Circle 2(2) - Hyderabad and the details as required under Regulation 30 of SEBI (LODR)
Regulations, 2015 are mentioned hereunder: -
S.No Particulars Details
1 Name of the authority Assistant Commissioner of Income Tax,
Central Circle 2(2) - Hyderabad
2 Nature and details of action(s) taken, initiated Receipt of Penalty Orders for the Search
or order(s) passed related Assessment Years as under:-
1. AY 2017-18 Rs. 2,79,87,171/-
2. AY 2018-19 Rs. 16,64,95,790/-
3. AY 2019-20 Rs. 56,40,46,040/-
4. AY 2020-21 Rs. 15,99,23,720/-
3 Date of receipt of direction or order, including 29-09-2026 and 30-09-2026
any ad-interim or interim orders, or any other
communication from the authority
4 Details of the violation(s)/contravention(s) Levy of Penalty u/s 270A of the Income Tax
committed or alleged to be committed Act, 1961.
5 Impact on the financial, operation and other Based on the Company’s assessment, the
activities of the listed entity, quantifiable in aforementioned penalty demands are not
monitoring term to the extent possible maintainable in law. Accordingly, the
Company shall take appropriate steps
including filing of Appeal before the
appropriate forum within the stipulated
timeline.
The Company shall update the outcome of
such Proceedings from time to time.
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.
This is for the information of the Exchange, please.
Thanking you,
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