Deals25 Dec 2025, 04:22 pm
KNR Constructions Ltd to Sell 100% Shareholding in Four SPVs to Indus Infra Trust for Rs. 1,543.19 Crores
AI Summary
KNR Constructions Limited has executed Share Purchase Agreements with Indus Infra Trust to sell its entire shareholding in four special purpose vehicles (SPVs) for a total sum of Rs. 1,543.19 Crores. The SPVs involved are KNR Palani Infra Private Limited, KNR Ramagiri Infra Private Limited, KNR Guruvayur Infra Private Limited, and KNR Ramanattukara Infra Private Limited. The transaction is expected to be completed by 30th September 2026, subject to regulatory and lender approvals.
Key Highlights
- KNR Constructions to sell its entire shareholding in four SPVs to Indus Infra Trust
- Total transaction value is Rs. 1,543.19 Crores
- Transaction includes Equity and Sub Debt
- Expected to be completed by 30th September 2026
- Subject to regulatory and lender approvals