KNR Constructions Limited (KNRCL) announced the execution of Share Purchase Agreements (SPAs) with Indus Infra Trust for the proposed sale of its 100% shareholding in four special purpose vehicles (SPVs): KNR Palani Infra Private Limited (KPIPL), KNR Ramagiri Infra Private Limited (KRGIPL), KNR Guruvayur Infra Private Limited (KGIPL), and KNR Ramanattukara Infra Private Limited (KRIPL). The transaction involves the sale of KNRCL's entire shareholding in these SPVs, subject to regulatory and lender approvals, and shareholding transfer restrictions in concession agreements with the National Highway Authority of India. KNRCL had invested ₹566.83 Crore (Equity & Sub Debt) in these SPVs. The company is expected to receive a total sum of ₹1,543.19 Crore from this transaction. This includes ₹1,398.65 Crore as sale consideration and an estimated ₹144.54 Crore as cash surplus, which will be upstreamed to KNRCL in an agreed manner. The final consideration may be subject to changes based on agreed variable parameters in the SPAs. The SPVs contributed a significant portion to KNRCL's financials as of March 31, 2025. KPIPL had a turnover of ₹96.55 Crore (2.03% of consolidated turnover) and net worth of ₹197.71 Crore (4.36% of consolidated net worth). KRGIPL had a turnover of ₹344.64 Crore (7.25%) and net worth of ₹119.22 Crore (2.63%). KGIPL had a turnover of ₹429.91 Crore (9.04%) and net worth of ₹277.59 Crore (6.11%). KRIPL had a turnover of ₹511.74 Crore (10.77%) and net worth of ₹284.59 Crore (6.27%). The Share Purchase Agreements were executed on December 24, 2025. The completion of the sale is expected on or before September 30, 2026, subject to approvals. Indus Infra Trust is a publicly listed infrastructure investment trust registered with SEBI and does not belong to the promoter/promoter group/group companies of KNRCL. The transaction does not fall within related party transactions.