StockWatch
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Civil Construction
Divestment17 Jun 2026, 04:22 pm

KNR Constructions Divests Remaining Stake in Subsidiary

AI Summary

KNR Constructions Limited has completed the divestment of its remaining 0.10% stake, representing 488 equity shares, in its subsidiary KNR Ramagiri Infra Private Limited (KRIPL) to Indus Infra Trust. Consequently, KRIPL is no longer a subsidiary of KNR Constructions. This transaction finalizes the company's exit from this particular subsidiary.

Key Highlights

  • KNR Constructions sold remaining 0.10% stake in KRIPL.
  • The stake was transferred to Indus Infra Trust.
  • KRIPL is no longer a subsidiary of KNR Constructions.
  • This completes the divestment of the subsidiary.