Announced Tue, 21 Apr · 17:55 IST
KNR Constructions receives Rs 130.10 Cr claims from NHAI
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KNRCON · price
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Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹120.85
prior close
₹122.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1+0.1+0.2+1.0-2.6+1.6+8.2+6.7+4.0+7.7+9.6+15.3+0.4
Up moveDown movePending
AI summary
KNR Constructions received Rs 130.10 Crores (Rs 91.79 Cr principal + Rs 38.31 Cr interest) from NHAI on 21 April 2026, pursuant to settlement agreements dated 30 March 2026. The settlement covers two NH-83 highway projects: Madurai-Ramanathapuram (Rs 72.20 Cr + Rs 35 Cr interest) and Pollachi-Coimbatore (Rs 19.59 Cr + Rs 3.31 Cr interest). Disputes were resolved through CCIE conciliation.
Likely market impact
Positive cash inflow from dispute resolution with NHAI; strengthens balance sheet and clears legacy claims