KNR Constructions Sells Four Road Projects to Indus Infra Trust for ₹1,543 Crore
Market
C
CNBC TV1825-12-2025, 18:29

KNR Constructions Sells Four Road Projects to Indus Infra Trust for ₹1,543 Crore

  • KNR Constructions to divest 100% stake in four road SPVs to Indus Infra Trust.
  • The deal, valued at ₹1,543.19 crore, includes sale consideration and estimated cash surplus.
  • SPAs for KNR Palani Infra, KNR Ramagiri Infra, KNR Guruvayur Infra, and KNR Ramanattukara Infra were signed on December 24, 2025.
  • Transaction completion is subject to regulatory approvals and share transfer restrictions, expected by September 30, 2026.
  • KNR Constructions' shares rose 7.99% following the announcement.

Why It Matters: KNR Constructions exits four road projects in a ₹1,543 crore deal with Indus Infra Trust.

More like this

Loading more articles...