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

1 min read Updated on 12 Mar 2026, 11:41 AM

Reviewed by

Riya DScanX News Team

Overview

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.

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

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 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.12%	+1.15%	-13.06%	-35.40%	-39.60%	-40.01%

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KNR Constructions Subsidiary Signs Concession Agreement for Tamil Nadu Highway Project

2 min read Updated on 24 Feb 2026, 03:32 PM

Reviewed by

Ashish TScanX News Team

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Overview

KNR Constructions Limited has reached a significant milestone with its wholly-owned subsidiary KNR Mahabalipuram Infra Private Limited signing the concession agreement on February 26, 2026, with Tamil Nadu State Highways Authority for the Four Lane Elevated Corridor project along East Coast Road. The subsidiary, incorporated on February 19, 2026, with authorized capital of Rs. 10,00,000, will execute this Hybrid Annuity Mode project covering the route from Chainage Km. 11+480 to Km. 24+780 in Tamil Nadu.

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KNR Constructions Limited has achieved a major milestone in its Tamil Nadu infrastructure project with its wholly-owned subsidiary signing the concession agreement on February 26, 2026. The subsidiary, KNR Mahabalipuram Infra Private Limited (KMIPL), entered into the agreement with Tamil Nadu State Highways Authority (TANSHA) for the Four Lane Elevated Corridor project along East Coast Road.

Project Agreement and Execution Details

KNR Mahabalipuram Infra Private Limited has successfully signed the concession agreement for the construction of Four Lane Elevated Corridor along East Coast Road (ECR). The project will be executed under the Hybrid Annuity Mode (HAM) framework in Tamil Nadu state.

Project Parameter:	Details
Project Type:	Four Lane Elevated Corridor
Location:	East Coast Road (ECR), Tamil Nadu
Route:	Chainage Km. 11+480 to Km. 11/800 (West Avenue Road)
Extension:	Up to Km. 24+780 Thiruvanmiyur to Uthandi in SH-49
Execution Mode:	Hybrid Annuity Mode (HAM)
Contracting Authority:	Tamil Nadu State Highways Authority (TANSHA)
Agreement Date:	February 26, 2026

Subsidiary Structure and Incorporation

KNR Mahabalipuram Infra Private Limited was incorporated as a special purpose vehicle specifically for this project implementation. The subsidiary received its Certificate of Incorporation on February 24, 2026, following its incorporation on February 19, 2026.

Corporate Details:	Information
Company Name:	KNR Mahabalipuram Infra Private Limited (KMIPL)
CIN:	U43299TS2026PTC211740
Authorized Capital:	Rs. 10,00,000
Share Structure:	1000 equity shares of Rs. 1000 each
Shareholding:	100% owned by KNR Constructions Limited
Incorporation State:	Telangana
Incorporation Date:	February 19, 2026

Project Timeline and Regulatory Compliance

The project has progressed through several key milestones, beginning with the initial award intimation on February 17, 2026, followed by subsidiary incorporation on February 19, 2026, and culminating in the concession agreement signing on February 26, 2026. The company has maintained compliance with SEBI LODR Regulations, specifically Regulation 30, throughout the process.

Stakeholder Information

The project execution involves key stakeholders including Mr. K Jalandhar Reddy (Executive Director), Mrs. K Yashoda (Non-Executive Director and Promoter), and Mr. V Venu Gopal Reddy (Senior Management Personnel and Non-Executive Director). The concession agreement was signed under the oversight of Company Secretary and Compliance Officer Haritha Varanasi, ensuring all regulatory requirements are met as per SEBI guidelines.

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