
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.
Price Impact
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