SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

KNR Constructions inks SPA to sell equity stake in two road BOT assets

14 Nov 2016 Evaluate

KNR Constructions (KNR) and Patel Engineering have signed a Share Purchase Agreement (SPA) to sell their entire equity stake in two Road BOT assets viz. Patel KNR Infrastructure (PKIL) and Patel KNR Heavy Infrastructure (PKHIL) to an EsseI group company. Cyril Amarchand Mangaldas (Delhi) were the legal advisors to the Sellers whereas Luthra and Luthra law offices advised the buyers on this transaction.

Both the assets are operational annuity based BOT assets awarded by NHAI. The enterprise value of both assets put together for this transaction is Rs 850 crore. The transaction is subject to certain conditions precedent including lenders and NHAI approvals, customary to transactions of this nature and parties anticipate closing of the transaction within next 2-3 months.

KNR Construction is a multi domain infrastructure project development company providing (EPC) engineering, procurement and construction services across various fast growing sectors namely roads & highways, irrigation and urban water infrastructure management.


KNR Constructions Share Price

123.90 -0.25 (-0.20%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×