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KNR Constructions transfers entire stake in KNR Srirangam Infra

15 Oct 2022 Evaluate

KNR Constructions has transferred its 100% equity stake in subsidiary company -- KNR Srirangam Infra (SPV) to Cube Highways and Infrastructure III.  The company has invested Rs 78.36 crore (in form of equity & Sub debt) for which the Company has received of Rs 131.15 crore against transfer of 100% equity stake and repayment of entire Sub debt through current transaction. In addition to the above, the Company shall be eligible to receive an additional consideration up to an amount of Rs 15.40 crore subject to receipt of certain approvals form NHAI.

KNR Constructions 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

140.95 1.80 (1.29%)
19-Jun-2026 16:59 View Price Chart
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