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KNR Constructions informs about revocation of LOA

27 Oct 2026 Evaluate
KNR Constructions has informed that the Company has earlier intimated vide letter dated 29th August 2026 about receipt of Letter of Acceptance for Construction of 2-lane Unidirectional Flyover at NFCL Junction, Banjara Hills, GHMC and Construction of 2-lane Unidirectional underpass and 3 lane unidirectional flyover at TV9 Junction, Banjara Hills, GHMC under Engineering Procurement and Construction (EPC), in the state of Telangana from Greater Hyderabad Municipal Corporation (GHMC) worth Rs 157,54,60,000 excluding GST. Further intimated that the Company is in receipt of letter of revocation of letter of acceptance due to cancellation of the aforementioned project.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Larsen & Toubro 3670.00
Kalpataru Projects 1312.95
NCC 115.65
Rail Vikas Nigam 181.00
KEC International 331.70
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