KNR Constructions : Disclosure of other UPSI/material event
March 19, 2022 at 09:38 am
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KNR Constructions Limited.
Date: 19th March 2022
Ref: KNRCL/SD/2022/393&394
To,
To,
The Manager
The Manager,
BSE Limited,
National Stock Exchange of India Limited,
P J Towers, Dalal Street,
Exchange Plaza, Bandra Kurla Complex,
Fort, Mumbai - 400001
Bandra (E), Mumbai - 400051.
Scrip code: 532942
Scrip Code: KNRCON
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")
In accordance with Regulation 30 of SEBI Listing Regulations and in terms of the policy for determination and disclosure of material event/information of the Company, we would like to inform you that the Income Tax department conducted a search under the powers conferred to them by the provisions of the section 132 of the Income Tax Act, 1961 at our registered office and residences of Company's officials from 16th March 2022 to 19th March 2022. We extended full co-operation to the officials of the department including providing all explanations, information, and clarifications as desired by them in this matter in a timely manner.
We at KNR Constructions Limited, follow the highest standards of Corporate Governance and Financial Discipline. Our systems and processes are benchmarked by competent auditing and accounting standards.
We wish to inform you that the proceedings have absolutely no impact on the operational performance of the Company.
This is for the information and records of the Exchange, please.
E-mail :info@knrcl.com, Web : www.knrcl.com CIN: L74210TG1995PLC130199
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KNR Constructions Limited published this content on 19 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2022 09:37:01 UTC.
KNR Constructions Limited is an India-based company infrastructure development company. The Company is engaged in the construction of roads, bridges, flyovers, and irrigation projects. The Company provides engineering, procurement, and construction (EPC) services across various sectors namely roads and highways, irrigation, and urban water infrastructure management. Its projects include highway projects, irrigation and water management, river bridges, and urban development. Its ongoing urban development project is Challaghatta Main Valley Project (Package CVD-II). This project involves the remodeling of primary and secondary storm drains, bridges/culverts and related works in Challaghatta Main Valley in Bangalore City. Its subsidiaries include KNR Agrotech & Beverages Private Limited, KNR Infrastructure Projects Private Limited, KNR Energy Limited, KNRC Holdings and Investments Private Limited, KNR Tirumala Infra Private Limited, and KNR Srirangam Infra Private Limited.