KNR Constructions has secured a Letter of Acceptance for a significant infrastructure project in Telangana, valued at Rs. 83,64,72,062.44/- (excluding GST). The project involves the widening and strengthening of a pipeline road from Shankarpally to Manikonda, including junction development at NPCI. The construction duration is set for 9 months. Following this announcement, the company has also implemented a brief trading window closure effective March 27th, 2026.
Project Award Notification
KNR Constructions Limited (KNRCL) has formally informed the exchanges that it has received a Letter of Acceptance for a new infrastructure project. This acceptance was confirmed on March 26th, 2026, signaling a positive development for the company’s order book.
Scope and Contract Value
The awarded project focuses on the widening and strengthening of a pipeline road located in the state of Telangana. The specific segment runs from Shankarpally road at MGIT up to Manikonda, which incorporates crucial junction development at NPCI. The total contract value, excluding Goods and Services Tax (GST), stands at Rs. 83,64,72,062.44/- (Rupees Eighty Three Crores Sixty Four Lakhs Seventy Two Thousand Sixty Two Rupees and Forty-Four Paise Only).
The project has been awarded by the Hyderabad Growth Corridor Limited. The mandated construction period for completing this work is relatively short, specified at 9 months.
Insider Trading Window Closure
In compliance with the company’s internal governance code regarding the Prevention of Insider Trading, KNRCL has announced a temporary restriction on trading in its securities. The trading window for dealing in company securities will be officially closed from 27th March 2026 until 28th March 2026, inclusive of both dates.
Source: BSE
