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KNR Constructions informs about financial closure

09 Oct 2023 Evaluate

KNR Constructions has informed that KNR Sriranganatha Infra, wholly owned subsidiary of the Company, is in receipt of letter dated 06th October 2023 from NHAI on 09th October 2023, stating that the financial close has been noted on 27th September 2023 for the project of ‘Construction of Access Controlled four laning with paved shoulder from Mysore to Kushalnagara Section of NH-275 from Design Ch. Km 195+550 at Yalachahalli near SH-117 Yelawala-KR Nagara Road Junction to design Ch. Km214+535 joining (at Ch. Km 131+180 approx) to Srirangapatna bypass near Paschima Vahini under NH(O) under Hybrid Annuity Mode in the State of Karnataka (Package V).’

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Larsen & Toubro 3870.00
Kalpataru Projects 1399.00
NCC 134.35
Rail Vikas Nigam 210.85
KEC International 391.50
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