Deals30 Sept 2025, 06:01 pm
KNR Constructions Ltd Secures Rs. 72 Crore Contract from Greater Hyderabad Municipal Corporation
AI Summary
KNR Constructions Ltd has received a Letter of Acceptance from the Greater Hyderabad Municipal Corporation for the construction of two flyovers at Kukatpally ‘Y’ junction under Engineering Procurement and Construction (EPC)/ Turnkey basis in the state of Telangana. The contract is worth Rs. 72,80,07,528 excluding GST and the construction period is 24 months. The company's trading window for dealing in securities has been closed from 1st October 2025 as per the 'KNRCL Code of Conduct for Prevention of Insider Trading'.
Key Highlights
- KNR Constructions Ltd secures a contract worth Rs. 72 crores from the Greater Hyderabad Municipal Corporation.
- The contract is for the construction of two flyovers in Telangana under EPC/ Turnkey basis.
- The construction period for the project is 24 months.
- The contract amount is exclusive of GST.
- KNRCL's trading window for dealing in securities has been closed as per the insider trading code.