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

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CNBC TV18•25-12-2025, 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.
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