Announced Wed, 17 Jun · 16:23 IST
KNR Constructions transfers final 0.10% stake in KNR Ramagiri Infra to Indus Infra Trust
Strategic Transactions View source PDF
KNRCON · price
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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 subsidiary KNR Ramagiri Infra Private Limited (KRIPL) to Indus Infra Trust. Post this transfer, KRIPL ceases to be a subsidiary of KNR Constructions. This is the final step in a phased transfer, following earlier intimations dated 25 December 2025 and 11 June 2026.
Likely market impact
Final step in phased subsidiary divestment; KRIPL no longer consolidates in KNR financials going forward.