Mumbai, Oct. 6 -- KNR Constructions has transferred its all of the equity share capital in one

of its subsidiary company i.e. KNR Ramanattukara Infra (SPV/KRIPL) to Indus Infra Trust (purchaser).

The company had invested Rs. 225.72 crore (in the form of equity and subordinated debt) in the SPV.

Pursuant to the transaction, the company has received a consideration of Rs. 549.14 crore from the purchaser.

Published by HT Digital Content Services with permission from Capital Market....