StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Acquisitions30 May 2026, 11:31 am

Indus Infra Trust Completes Acquisition of KNR Palani Infra Pvt Ltd

AI Summary

Indus Infra Trust has completed the acquisition of controlling interest and substantially all of the equity share capital of KNR Palani Infra Private Limited (KNRPIPL) from KNR Constructions Limited on May 29, 2026. All equity shares of KNRPIPL, except two nominee shares, have been transferred to the Trust. The remaining nominee shares will be transferred to the Trust's nominees, with necessary steps underway. The Trust has acquired control of KNRPIPL effective May 29, 2026. Information is available on the Trust's website.

Key Highlights

  • Indus Infra Trust acquired controlling interest in KNR Palani Infra Private Limited.
  • Acquisition completed on May 29, 2026, from KNR Constructions Limited.
  • Trust now controls KNRPIPL, pending transfer of nominee shares.
  • The acquisition details are available on Indus Infra Trust's website.