KNR Constructions: Penalty Order Deleted, Rs. 9.35 Cr Relief

KNR Constructions Ltd has received an order from the Commissioner of Income Tax – Appeals, Hyderabad-12, resulting in the deletion of a penalty of ₹9,35,44,336/- for AY 2021-22. The company's appeals were allowed, leading to the penalty order being deleted. This action is expected to have no quantifiable impact on the company's financial, operational, or other activities. The filing was made in accordance with SEBI (LODR) Regulations, 2015.