Announced Wed, 17 Jun · 16:21 IST
KNR Constructions transfers balance stake in KRIPL to Indus Infra Trust
Business Updates View source PDF
KNRCON · price
▲ 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
+7.1%1-day move
₹131.70
prior close
₹131.84
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.6+2.6+4.4+5.3+7.1+5.8+3.6+4.8+2.1+0.9-1.9-5.9——
Up moveDown movePending
AI summary
KNR Constructions has transferred the remaining 0.10 percent stake (488 equity shares) in its subsidiary KNR Ramagiri Infra Private Limited (KRIPL) to Indus Infra Trust. As a result, KRIPL has ceased to be a subsidiary of the company. This follows earlier intimations dated 25 December 2025 and 11 June 2026 about the divestment.
Likely market impact
Completes the transfer of KRIPL to Indus Infra Trust, ending its subsidiary status. Likely part of InvIT monetization; limited direct financial impact.