India, Dec. 26 -- KNR Constructions Limited on Thursday announced that it has executed share purchase agreements (SPAs) with Indus Infra Trust for the proposed sale of its 100% shareholding, including sub-debt, in four highway special purpose vehicles (SPVs).
In a regulatory filing, the company said it is expected to invest Rs 566.83 crore (through equity and sub-debt) in the SPVs, against which it anticipates total proceeds of Rs 1,543.19 crore from the transaction.
The SPAs were signed on December 24, 2025, for the divestment of four SPVs: KNR Palani Infra Private Limited, KNR Ramagiri Infra Private Limited, KNR Guruvayur Infra Private Limited, and KNR Ramanattukara Infra Private Limited.
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