KNR Constructions Receives Letter of Acceptance for ₹83.64 Crore Telangana Road Project

1 min read     Updated on 27 Mar 2026, 09:23 AM
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AI Summary

KNR Constructions has officially received the Letter of Acceptance for a road infrastructure project worth ₹83.64 crore in Telangana. The project, awarded by Hyderabad Growth Corridor Limited, involves widening and strengthening of pipeline road from Shankarpally road at MGIT to Manikonda with a 9-month construction timeline, strengthening the company's infrastructure portfolio in the region.

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KNR Constructions has officially received the Letter of Acceptance for a major road infrastructure project in Telangana, valued at ₹83.64 crore. The company announced this development through a regulatory filing under Regulation 30 of SEBI (LODR) Regulations, 2015, confirming the award from Hyderabad Growth Corridor Limited.

Project Specifications

The awarded project involves widening and strengthening of pipeline road from Shankarpally road at MGIT to Manikonda, including junction development at NPCI in Telangana state. The comprehensive infrastructure development project has been structured with a construction timeline of 9 months.

Parameter: Details
Project Value: ₹83.64 crore (excluding GST)
Exact Amount: ₹83,64,72,062.44
Location: Telangana
Client: Hyderabad Growth Corridor Limited
Construction Period: 9 months
Project Scope: Road widening, strengthening, junction development

Regulatory Compliance

Following the project award announcement, KNR Constructions has implemented trading window restrictions as per company policy. The trading window for dealing in company securities will remain closed from March 27, 2026, to March 28, 2026, in accordance with the KNRCL Code of Conduct for Prevention of Insider Trading.

Strategic Impact

This contract award reinforces KNR Constructions' strong market position in Telangana's infrastructure sector. The project adds substantial value to the company's order book and demonstrates its continued competitiveness in securing government infrastructure contracts. The Hyderabad Growth Corridor Limited partnership represents the company's established relationships with key infrastructure development agencies in the region.

Market Positioning

The road infrastructure project aligns with Telangana's ongoing development initiatives, particularly in the Hyderabad metropolitan region. KNR Constructions' ability to secure projects of this magnitude reflects its proven execution capabilities and technical expertise in complex road construction and junction development works.

Historical Stock Returns for KNR Constructions

1 Day5 Days1 Month6 Months1 Year5 Years
-5.35%-10.96%-18.61%-45.44%-54.07%-45.83%

How will this ₹83.64 crore project impact KNR Constructions' revenue guidance and order book strength for FY2027?

What additional infrastructure projects might emerge from Telangana's Hyderabad Growth Corridor development pipeline?

Could this contract win position KNR Constructions for larger highway projects under the National Infrastructure Pipeline?

KNR Constructions Receives ₹50.47 Crore Letter of Acceptance for Rasoolpura Flyover

1 min read     Updated on 12 Mar 2026, 11:44 AM
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KNR Constructions Limited has secured a Letter of Acceptance from Greater Hyderabad Municipal Corporation for constructing a 4-lane unidirectional flyover at Rasoolpura, Telangana, worth ₹50.47 crore excluding GST. The project will be executed on EPC/Turnkey basis with a 24-month construction period, adding significant value to the company's order book and strengthening its infrastructure development portfolio in the region.

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KNR Constructions Limited has received a Letter of Acceptance from the Greater Hyderabad Municipal Corporation (GHMC) for a flyover construction project, marking another significant infrastructure contract for the company.

Project Specifications

The approved project involves the construction of a 4-lane unidirectional flyover at Rasoolpura under Engineering Procurement Construction (EPC)/Turnkey basis in Telangana state. The project carries a total value of ₹50.47 crore, excluding GST, with a construction period of 24 months.

Project Parameter: Details
Project Location: Rasoolpura, Telangana
Project Type: 4-lane Unidirectional Flyover
Contract Value: ₹50.47 crore (excluding GST)
Execution Model: EPC/Turnkey Basis
Construction Period: 24 months
Awarding Authority: Greater Hyderabad Municipal Corporation

Regulatory Compliance

The company has informed the stock exchanges about this development under Regulation 30 of SEBI (LODR) Regulations, 2015. The formal communication was sent to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with disclosure requirements for material events.

Infrastructure Development Impact

The Rasoolpura flyover project represents the company's continued involvement in urban infrastructure development within the Hyderabad metropolitan region. This 4-lane unidirectional flyover is designed to improve traffic flow and reduce congestion in the area, contributing to enhanced urban mobility infrastructure.

Order Book Enhancement

This Letter of Acceptance adds ₹50.47 crore to KNR Constructions' order book, strengthening the company's project pipeline. The 24-month execution timeline provides revenue visibility over the medium term, supporting the company's construction and infrastructure development activities in the Telangana region.

Historical Stock Returns for KNR Constructions

1 Day5 Days1 Month6 Months1 Year5 Years
-5.35%-10.96%-18.61%-45.44%-54.07%-45.83%

More News on KNR Constructions

1 Year Returns:-54.07%