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KNR Constructions Ltd. Company History and Annual Growth Details

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.

2009

--Registered Office of the Company has been shifted to 8-2-686/B/6/A/302, 12th Square Building, 3rd Floor, Road No 12, Banjara Hills, Hyderabad - 500034, Andhra Pradesh

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 .

2009

- KNR Constructions Ltd has bagged order worth of Rs. 231.28 Crores.


2010

-KNR Constructions Ltd has established a wholly owned Subsidiary in Ras Al Khaimah, IJAE in the Name "KNRCL FZE" and all necessary statutory formalities in this regard have been complied. This Subsidiary is engaged in General Trading Activities.

-KNR Constructions Ltd has 50:25:25 joint venture with JKM Infra Projects Pvt. Ltd. and Kamala Constructions has been awarded by Government of Bihar, Water Resources Department an order worth Rs 225.27 Crcres towards "All works (including Canal System & Buildings) under E.R.M. (Extension, Renovation & Modernisation) of Eastern Kosi Canal System in the State of Bihar.

2011

-KNR Constructions Ltd has that one of Company's Wholly owned Subsidiary Company "KNR Infrastructure Projects Private Limited" has successfully completed its first shipment of IRON ORE FINES export to CHINA.

-The Company has been awarded by NHAI an order towards "Two Laning of Muzaffarpur-Barauni section of NH-28 from KM 519.600 to KM 627.000 in the State of Bihar Under NHDP phase IVB through Public Private Partnership (PPP) ON Design.

-The Company have been awarded by M/s. GMR Projects Private Limited & M/s. GMR Kishangarh Udaipur Ahmedabad Expressways Limited, the Project of "DESIGN, BUILD, FINANCE, OPERATE, AND TRANSFER (DBFOT) TO AUGMENT THE EXISTING ROAD ON THE KISHANGARH UDAIPUR AHMEDABAD SECTION OF NATIONAL HIGHWAY No. NH -79A, NH - 79, NH - 76 AND NH - 8 IN THE STATES OF RAJASTHAN AND GUJARAT on a TURNKEY FIXED EPC PRICE BASIS, the worth of which is Rs. 620,00,00,000 (Rupees Six Hundred Twenty Crores only).


2012

-KNR Construc - Completion of work in record period of 73 days against scheduled period of 180 days.

-Receipt of BOT Project on Toll Basis - with Grant".

--Registered Office of the Company has been shifted to C-125, Anand Niketan, New Delhi - 110021

2013
-KNR Constructions recommends Dividend of Re. 1.00 per Equity Share for the year ended March 31, 2013

2014
-KNR Constructions has received an EPC order worth of Rs. 290.25 Crores
KNR Constructions Board recommends Dividend of Re. 1.00 per (Rupee One only) Equity Share for the year ended March 31, 2014
-KNR Constructions has received an EPC order worth of Rs. 146.12 Crores
-KNR Constructions has received an orders worth of Rs. 68.37 Crores
-KNR Constructions has received an orders worth of Rs. 109.56 Crores
-KNR Constructions bags order worth Rs 68.37 crores from Government of Karnataka
-KNR Construction bags EPC order worth Rs. 209.25 crores
-KNR Constructions receives order worth Rs 109.56 crcrore from the Madhya Pradesh Road Development Corporation Limited.

2015
-KNR Constructions receives 3 orders for road projects
-KNR Constructions has received Provisional Completion Certificate for 100 % Project Length
-KNR Constructions has received its First International Orders worth of Rs. 515.33 Crores
-KNR Constructions wins roadcontract worth Rs 729 cr
-KNR Constructions has received orders worth of Rs. 937.08 Crores
-KNR Constructions has received orders worth of Rs. 669.06 Crores

2016
- KNR construction wins award from NHAI

2017

-KNR Constructions JV wins order worth Rs 884.47 cr.

2018

-KNR Constructions bags HAM from NHAI.

-KNR Constructions - Receipt Of 2 HAM Projects With Total BID Project Cost Of Rs. 2964.07 Crores.

-KNR Constructions gets sanction from bank to finance HAM project.

2019

-KNR Constructions - Achievement Of Financial Closure Of KNR Shankarampet Projects Private Limited.

-KNR Constructions - Achievement Of Financial Closure Of KNR Srirangam Infra Private Limited Our SPV.

-KNR Constructions - Receipt Of Order Worth Rs. 135.08 Crores From Karnataka Road Development Corpora.

-KNR Constructions - Receipt Of A Hybrid Annuity Project (HAM) With Total Bid Project Cost Of Rs. 920.

2020

-KNR Constructions announces bonus share issue in the ratio of 1:1.

-KNR Constructions have been awarded by Govt. of tamilnadu, highway department an order worth of rs. 1157,41,91,862.

2021

-Company has issued Bonus Shares in the Ratio of 1:1.
-KNR Constructions Limited has informed the Exchange regarding ''Receipt of Letter of Award by NHAI for Six laning of Ramanattukara Junction to start of Valanchery bypass section of NH 66 in the state of Kerala'.

-The Company is in receipt of Letter of Acceptance for four-laning of Bangalore.

2022
-The Company receipt of bonus amount by KNR Tirumala Infra Private Limited, subsidiary of the Company.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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