KNR Constructions Completes KRIPL Divestment for Rs 549.14 Crore
KNR Constructions KRIPL Divestment Details
KNR Constructions Limited transferred all of its equity share capital in KNR Ramanattukara Infra Private Limited (KRIPL) to Indus Infra Trust.
The Share Purchase Agreements for the transaction were executed on December 24, 2025, and the sale was completed on October 5, 2026.
The company received a total consideration of Rs.549.14 crore from the purchaser for the transfer.
KNR Constructions Financial Context
KNR Constructions had invested Rs.225.72 crore in KRIPL in the form of equity and subordinated debt.
For the financial year ended March 31, 2026, KRIPL reported a turnover of Rs.257.40 crore, representing 9.54% of KNR Constructions' consolidated turnover.
KRIPL's net worth stood at Rs.430.22 crore as of March 31, 2026, accounting for 8.65% of the company's consolidated net worth.
Transaction Structure
KNR Constructions stated that the purchaser does not belong to the promoter or promoter group. The transaction does not fall within the scope of a related-party transaction.
KNR Constructions KRIPL Divestment Highlights
| Company | KNR Constructions Limited |
| Subsidiary | KNR Ramanattukara Infra Private Limited (KRIPL) |
| Transaction | Transfer of 100% equity share capital |
| Purchaser | Indus Infra Trust |
| Consideration Received | Rs.549.14 crore |
| Original Investment | Rs.225.72 crore |
| Agreement Date | December 24, 2025 |
| Completion Date | October 5, 2026 |
| FY2025-26 Turnover Contribution | Rs.257.40 crore, or 9.54% of consolidated turnover |
| Net Worth Contribution | Rs.430.22 crore, or 8.65% of consolidated net worth |
| Related Party Transaction | No |
| Promoter/Promoter Group Purchaser | No |
What to Watch Next
- Investors may watch for further disclosures from KNR Constructions on the financial impact of the KRIPL divestment.
- Investors may also track changes in the company's subsidiary portfolio and infrastructure asset mix following the completion of the transaction.
Disclaimer
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