KNRCONNSEKNR Constructions Limited· ConstructionMediumPositive
Announced Thu, 23 Apr · 14:27 IST

KNR Constructions Limited has informed the Exchange regarding 'Receipt of claims'.

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KNRCON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.5%1-day move
₹123.30
prior close
₹122.51
base price
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AI summary

KNR Constructions Limited has received Rs 32.87 crores as its share of claims from the National Highways Authority of India (NHAI). The amount includes a principal of Rs 25.98 crores and interest of Rs 6.89 crores for the Hubli-Hospet section of NH-63. The settlement was signed on 30th March 2026 between NHAI and BSCPL Infrastructure-KNR Constructions JV, with the amount received on 23rd April 2026. The dispute was resolved through the Conciliation Committee of Independent Experts (CCIE).

Likely market impact

The receipt of Rs 32.87 crores is a positive cash inflow for the company, representing successful resolution of a dispute related to a highway project. This improves the company's cash position but does not represent new business or revenue growth.