KNR Constructions sells KNR Ramagiri Infra stake for ₹227.45 Cr

1 min read     Updated on 13 Jun 2026, 07:36 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

KNR Constructions Limited sold a 99.90% stake in KNR Ramagiri Infra Private Limited to Indus Infra Trust for ₹227.45 crore, realizing a significant gain over its ₹82.75 crore investment. The transaction, executed on December 24, 2025, and completed on June 11, 2026, involved the transfer of 480,262 equity shares. The subsidiary had contributed ₹169.90 crore in turnover and ₹161.13 crore in net worth to the consolidated financials for the previous year.

powered bylight_fuzz_icon
42790337

*this image is generated using AI for illustrative purposes only.

[KNR Constructions Limited](knr constructions) has completed the sale of a 99.90% stake in its subsidiary, KNR Ramagiri Infra Private Limited, to Indus Infra Trust for a consideration of ₹227.45 crore. The transaction, executed via Share Purchase Agreements on December 24, 2025, concluded on June 11, 2026. The company had invested ₹82.75 crore in the subsidiary through equity and subordinated debt.

The transfer involved 480,262 equity shares, representing 99.90% of the share capital. A remaining 0.10% stake, comprising 488 equity shares, could not be transferred due to technical issues, though the economic interest in these shares has been acquired by the purchaser. Indus Infra Trust is a publicly listed infrastructure investment trust registered with SEBI and is not part of the promoter group.

Financial Impact of the Sale

The subsidiary contributed significantly to the company's consolidated financials in the previous financial year. KNR Ramagiri Infra reported a turnover of ₹169.90 crore, accounting for 6.30% of the consolidated turnover. The net worth of the subsidiary stood at ₹161.13 crore, representing 3.24% of the consolidated net worth as on March 31, 2026.

Metric Amount (₹ Cr) % of Consolidated Figures
Turnover 169.90 6.30%
Net worth 161.13 3.24%

Transaction Details

The sale was not classified as a related party transaction and was conducted at arm's length. The consideration received of ₹227.45 crore marks a significant realization compared to the initial investment of ₹82.75 crore. The transaction was intimated to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for KNR Constructions

1 Day5 Days1 Month6 Months1 Year5 Years
+6.21%-3.58%-4.17%-15.28%-43.29%-43.82%

How does KNR Constructions plan to utilize the ₹227.45 crore proceeds from the sale?

What will be the impact on KNR Constructions' consolidated revenue and profit margins following the divestment of a 6.30% revenue contributor?

Will the company pursue similar asset monetization strategies for other subsidiaries in the near future?

KNR Constructions wins ₹235.07 crore flyover contract in Telangana

0 min read     Updated on 10 Jun 2026, 03:38 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

KNR Constructions secured a Letter of Acceptance from Malkajgiri Municipal Corporation, Hyderabad, on June 09, 2026, for a ₹235.07 crore project. The scope includes constructing a 6-lane bi-directional flyover at TKR College, Gayatri Nagar, and Mandamallamma Junctions in Telangana on an EPC/Turnkey basis. The project is to be completed within 24 months, excluding GST.

powered bylight_fuzz_icon
42539587

*this image is generated using AI for illustrative purposes only.

KNR Constructions has secured a Letter of Acceptance from Malkajgiri Municipal Corporation, Hyderabad, for the construction of a 6-lane bi-directional flyover. The contract, valued at ₹235.07 crore, was received on June 09, 2026, and strengthens the company's order book in the infrastructure sector.

Project Details

The project involves the construction of a flyover crossing the TKR College junction, Gayatri Nagar Junction, and Mandamallamma Junction in the state of Telangana. The work will be executed on an Engineering Procurement Construction (EPC) or Turnkey Basis.

Parameter Details
Client Malkajgiri Municipal Corporation, Hyderabad
Contract Value ₹235.07 crore
Project Type 6-lane bi-directional flyover (EPC/Turnkey)
Location Telangana
Completion Period 24 months

The disclosure was made to the exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015. The contract value excludes GST.

Historical Stock Returns for KNR Constructions

1 Day5 Days1 Month6 Months1 Year5 Years
+6.21%-3.58%-4.17%-15.28%-43.29%-43.82%

How will this new order impact KNR Constructions' revenue visibility for the next two fiscal years?

Does the company anticipate any margin pressure on this EPC contract given the current raw material cost trends?

Will this project require significant working capital deployment, and how does the company plan to fund it?

More News on KNR Constructions

1 Year Returns:-43.29%