KNR Constructions (KNRCON) — Announcement

KNR Constructions announced the sale of 99.90% of its subsidiary KNR Ramagiri Infra Private Limited to Indus Infra Trust for Rs. 227.45 crore, completing the transaction on June 11, 2026. The sale generated a Rs. 144.70 crore gain from an Rs. 82.75 crore investment, with the remaining 0.10% equity held due to a technical issue. The transaction is disclosed as non-related party and not a slump sale.

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About KNR Constructions Limited (KNRCON)

Construction · Construction · Listed on NSE

Market Cap: ₹3,643.68 Cr P/E: 3.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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