KNR Constructions: Achievement Of Financial Closure Of KNR Shankarampet Projects Private Limited Our SPV

In continuation to our earlier announcements and in accordance with the provisions of SEBI(LODR) Regulations 2015, we are pleased to inform you that our wholly owned subsidiary company have received the financial closure letter from the National Highways Authority of India.
The details of the projects and sanctions are as under -
SPV Name & Projects
KNR Shankarampet Projects Private Limited
Four laning of Ramsanpalle to Mangloor section of NH - 161 in the State of Telangana under Nharatmala Pariyojana.
Bid project Cost (Rs. in Mn) - Rs. 12,340.00
Construction Period - 2 Years
Concession Period - 17 Years
Date of Financial Closure - 04-10-2018
This is for your information and records.