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KNR Constructions Limited submitted proceedings of its 31st Annual General Meeting held on September 25, 2026. Key agenda items included dividend declaration and approval of financial results.
KNR Constructions received an Income Tax order deleting a penalty of Rs. 9.35 Crore for AY 2021-22. The company confirmed no material financial impact.
KNR Constructions received an appellate order deleting a Rs.18.22 Crore income tax penalty for AY 2007-08. The favourable ruling removes a significant contingent liability for the company.
KNR Constructions sold its entire subsidiary KGIPL stake to Indus Infra Trust for Rs. 485.86 Crore. Completed September 17, 2026; invested base was Rs. 193.32 Crore.