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KNR Constructions Limited — Capital/Financing Update 2020
Jan 9, 2020
61868_rns_2020-01-09_90f32dd2-9f61-4c0d-a1d3-47e48cc3f038.pdf
Capital/Financing Update
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==> picture [38 x 18] intentionally omitted <==
| Sr. | l)etailsrequired tobedisclosed | Disclosure by the Company |
|---|---|---|
| No. | ||
| 7 | fheamount andpercentageofthe turnoveror | TurnOver-Rs61.56Crores |
| revenueorilcomeand networthcontributed | o/"ofConsolidatcd turnover- | |
| bysuchunitordivisionofthe listedenhty | 2.69v. | |
| duringtheIastfinancial year | NetworthofSPV-Rs 308.93 | |
| Crores | ||
| 2 | Dateonwhichthcagreementforsale has been | lanuary9,2020 |
| entcredinto | ||
| Theexpecteddate ofcompletionof | Partiesto the transactionexpect to | |
| sale/disposal | closewithin2-3months | |
| 4. | Consitlcratjonrt.ccivt:dfrot.rrsuchsale/disposal | EnterprisevalueofRs.52s27 |
| Crores excluJing claims |
||
| receivablefromNHAIandother | ||
| governmcntalinstrumentalities, | ||
| 'nhichareapassthroughtothe | ||
| Companyasandwhenrealised. | ||
| 3 | Brref cietailsof buver | Cube l-Iighways and |
| InfrastructureIIIPte.Ltd.(Cube | ||
| Highways)isaSingapore-based | ||
| company investinginroadand | ||
| highwayprojects,alongwith | ||
| otherselectinfrastrucfuresectors | ||
| in lndia. | ||
| 6 | \A4rethcranyofthebuyers belongtothe | No |
| pr-omotcr'/fromolcr group/groupcomparies. | ||
| Ifves,detailsthereof. | ||
| !\4retherthetransactionwouldfallwithin | No | |
| relatedpartytransactions?Ifyes,whetherthe | ||
| same isdoneat"arm's length" |
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