|Our Company was incorporated on July 11, 1995
in the name and style of KNR Constructions Limited
under the Companies Act, 1956 with the Registrar of Companies,
Andhra Pradesh and received certificate of
commencement of business on August 9, 1995. The registered
office of our Company is situated at 6-3-635,Akash Ganga,
3rd Floor, Khairatabad, Hyderabad.
Changes in registered office address
At the time of incorporation our registered office was
situated at Plot No. D-26, Madhuranagar, Hyderabad.
However w.e.f. May 21, 1998,we shifted our registered
office to Plot No. 609, Aditya Enclave, Nilgiri Block,
Ameerpet, Hyderabad and thereafter to our present registered
office at 6-3-635, Akash Ganga, 3rd Floor,Khairatabad,
Hyderabad w.e.f. August 25, 2000.
Acquisition of assets and liabilities of partnership business
of M/s K Narasimha Reddy & Co
Our Company had acquired, at their book values the assets and
liabilities of partnership business of M/s K Narasimha Reddy & Co.
(the firm) for a total consideration of Rs.31.86 million w.e.f.
April 1, 1997. At the time of acquisition, the firm was engaged
in the business of undertaking civil and mechanical contracts work.
The firm was constituted in the year 1979 and was e-constituted
on several occasions. At the time of acquisition following
persons were the partners in the firm:
1995 Incorporation of our Company as KNR Constructions
Limited on July 11, 1995 under the Companies Act, 1956
1997 Acquisition of assets and liabilities of partnership firm
M/s K Narasimha Reddy & Co.
2000 Formation of joint venture with Patel Engineering Limited
2002 Achieved a consolidated turnover of over Rs. 1,000 million.
2004 Achieved a consolidated turnover of over Rs. 2,000 million.
Successful completion of project worth Rs. 2,550 million namely
rehabilitation and upgrading of Surat - Manor section of NH-8
2005 Diversified into Irrigation and Water Supply projects and
secured the first irrigation project worth Rs.1,494 million with
our joint venture partner Backbone Projects Limited
Secured the first BOT project with our joint venture partner Patel
Engineering Limited in the State of Karnataka worth approximately
Rs. 4,420 million.
2006 Diversified into urban water infrastructure management by
securing contract from Bangalore Mahanagara Palike worth
approximately Rs. 452 million.Achieved a consolidated turnover
of over Rs. 3,000 million.
2007 Secured the second BOT project worth approximately Rs.
5,180 million with our joint venture partner Patel Engineering
Limited in the State of Andhra Pradesh .
- KNR Constructions Ltd has bagged order worth of Rs. 231.28 Crores.