KNR Constructions Ltd (KNRCON) — Announcement | 18 September 2026 (2 announcements)

18 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

1Announcement🔴 High Importance Neutral📄 PDF

📢 Key Event

KNR Constructions transferred its entire subsidiary KNR Guruvayur Infra Private Limited to Indus Infra Trust for Rs. 485.86 crore.

🔄 What Changed

Transferred entire subsidiary stake

💡 Investor Takeaway

Shareholders see a complete exit from a non-core subsidiary with a 2.5x return on their initial investment.

KNR Constructions announced it transferred its entire stake in subsidiary KNR Guruvayur Infra Private Limited to Indus Infra Trust for Rs. 485.86 crore, having invested Rs. 193.32 crore earlier. The transaction closed on September 17, 2026, and contributed 8.79% of consolidated turnover and 7.93% of net worth in the latest financial year.

2Announcement🔴 High Importance Neutral📄 PDF

📢 Key Event

Order deleting penalty of Rs. 18.22 crores for AY 2007-08

💡 Investor Takeaway

The penalty removal eliminates a past liability without affecting current operations.

KNR Constructions received a final order from the Hyderabad-12 Commissioner of Income Tax Appeals deleting a penalty of Rs. 18.22 crores for the AY 2007-08, effective 17 September 2026, with no quantifiable financial impact on current operations.

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About KNR Constructions Ltd (KNRCON)

Construction · Infrastructure Developers & Operators · Listed on BSE

Market Cap: ₹3,304.51 CrP/E: 8.4ROE: 7.9%ROCE: 9.9%Div Yield: 0.21%

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📊 More KNRCON filings

Announcement — 29 September 2026KNR Constructions has closed its insider trading window effective 1 October 2026 until 48 hours afte...
🟡 Voting Results — 26 September 2026At the 31st AGM on September 26, 2026, shareholders approved all resolutions via remote e-voting and...
🟡 Voting Results — 26 September 2026At the 31st AGM on September 26, 2026, shareholders approved all resolutions via remote e-voting and...
🟡 Board Meeting — 25 September 2026KNR Constructions held its 31st Annual General Meeting on 25 September 2026 via video conference, ad...
🟡 Board Meeting — 5 September 2026KNR Constructions issued a corrigendum to its 31st AGM notice dated August 13, 2026, adding omitted ...

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

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