KNR Constructions receives Rs 205.05 crore from subsidiary sale to Indus Infra Trust – Business Upturn
KNR Constructions Limited has successfully completed the sale of its entire equity share capital in its subsidiary, KNR Palani Infra Private Limited (KPIPL), to Indus Infra Trust. The transaction, finalised on 29th May 2026, resulted in a consideration of ₹205.05 crore for KNR Constructions. The company had initially invested ₹64.40 crore in KPIPL through equity and subordinated debt. In addition…
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