Deals12 Mar 2024, 07:00 pm
KNR Constructions Receives LOA for Rs. 11,63 Crore Water Supply and Sewerage Projects from Government of Telangana
AI Summary
KNR Constructions Ltd. has announced the receipt of a Letter of Acceptance (LOA) for water supply projects in 26 ULBs and sewerage projects in 04 ULBs under the jurisdiction of Nalgonda and Khammam PH Divisions in Package II, worth Rs. 11,63,02,99,627.36. The completion period for these projects, excluding GST, is 24 months, and the maintenance period is 5 years. The trading window for dealing in the company's securities will be closed from March 12, 2024, to March 15, 2024, for all designated and connected persons.
Key Highlights
- KNR Constructions receives LOA for water supply and sewerage projects worth Rs. 11,63 Crores
- Projects include water supply in 26 ULBs and sewerage in 04 ULBs
- Completion period is 24 months, maintenance period is 5 years
- Trading window for securities to be closed for designated and connected persons from March 12-15, 2024