KNR Constructions Shares Rise 6% After Indus Infra Trust Deal Announcement
2 hours agoBusiness
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1 SourcesGuruvayur, India
TBNthebalanced.news
KNR Constructions Shares Rise 6% After Indus Infra Trust Deal Announcement

KNR Constructions' share price surged approximately 6% to 181.49 on Friday after announcing a share purchase agreement with Indus Infra Trust. The deal, executed on December 24, 2025, involves the sale of KNR Constructions' 100% shareholding in four special purpose vehicles (SPVs). KNR Constructions expects to receive an aggregate consideration of 1,543.19 crore for its investment of 566.83 crore in these SPVs. The divestment is subject to necessary approvals and is anticipated for completion by September 30.

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