Competition Commission of India press release · 7 April 2026 · pibtracker filter

CCI approves acquisition of 100% equity shareholding of KNR SPVs by Indus Infra Trust from KNR Constructions Ltd.

PRID2249854 MinistryCompetition Commission of India Released7 April 2026 Reading7 min

Posted On: 07 APR 2026 8:24PM by PIB Delhi The Competition Commission of India (CCI) has approved the acquisition of 100% equity shareholding of KNR SPVs by Indus Infra Trust from KNR Constructions Ltd. The proposed combination involves the acquisition of 100% equity shareholding of KNR SPVs (KNR Palani Infra Private Limited (KPIPL), KNR Ramanattukara Infra Private Limited (KRIPL), KNR Guruvayur Infra Private Limited (KGIPL) and KNR Ramagiri Infra Private Limited (KRAIPL)) by Indus Infra Trust (Acquirer Trust/Indus) acting through its investment manager, i.e., GR Highways Investment Manager Private Limited (GRHIMPL/Investment Manager) from KNR Constructions Limited (KNR/ Seller). The Acquirer Trust is an irrevocable trust settled under the Indian Trusts Act, 1882, and is registered as an infrastructure investment trust (InvIT) with the Securities Exchange Board of India (SEBI). It is governed by the SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended and supplemented from time to time by SEBI, including all guidelines, circulars, notifications and directions issued by SEBI under these regulations from time to time (InvIT Regulations). KNR SPVs have been incorporated as special purpose vehicles by KNR. The KNR SPVs have entered into concession agreements with the National Highway Authority of India (NHAI) for developing, building, operating and maintaining infrastructure projects under Hybrid Annuity Model (HAM). KNR is a multi-domain infrastructure project development company providing engineering, procurement, construction (EPC) and operations and management (O&M) services across various sectors such as roads & highways, irrigation and urban water infrastructure management. Detailed order of the Commission will follow. ***** NB/ ONP (Release ID: 2249854) Visitor Counter : 496 Read this release in: Urdu , हिन्दी Competition Commission of India CCI approves acquisition of 100% equity shareholding of KNR SPVs by Indus Infra Trust from KNR Constructions Ltd. Posted On: 07 APR 2026 8:24PM by PIB Delhi The Competition Commission of India (CCI) has approved the acquisition of 100% equity shareholding of KNR SPVs by Indus Infra Trust from KNR Constructions Ltd. The proposed combination involves the acquisition of 100% equity shareholding of KNR SPVs (KNR Palani Infra Private Limited (KPIPL), KNR Ramanattukara Infra Private Limited (KRIPL), KNR Guruvayur Infra Private Limited (KGIPL) and KNR Ramagiri Infra Private Limited (KRAIPL)) by Indus Infra Trust (Acquirer Trust/Indus) acting through its investment manager, i.e., GR Highways Investment Manager Private Limited (GRHIMPL/Investment Manager) from KNR Constructions Limited (KNR/ Seller). The Acquirer Trust is an irrevocable trust settled under the Indian Trusts Act, 1882, and is registered as an infrastructure investment trust (InvIT) with the Securities Exchange Board of India (SEBI). It is governed by the SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended and supplemented from time to time by SEBI, including all guidelines, circulars, notifications and directions issued by SEBI under these regulations from time to time (InvIT Regulations). KNR SPVs have been incorporated as special purpose vehicles by KNR. The KNR SPVs have entered into concession agreements with the National Highway Authority of India (NHAI) for developing, building, operating and maintaining infrastructure projects under Hybrid Annuity Model (HAM). KNR is a multi-domain infrastructure project development company providing engineering, procurement, construction (EPC) and operations and management (O&M) services across various sectors such as roads & highways, irrigation and urban water infrastructure management. Detailed order of the Commission will follow. ***** NB/ ONP (Release ID: 2249854) The Competition Commission of India (CCI) has approved the acquisition of 100% equity shareholding of KNR SPVs by Indus Infra Trust from KNR Constructions Ltd. The proposed combination involves the acquisition of 100% equity shareholding of KNR SPVs (KNR Palani Infra Private Limited (KPIPL), KNR Ramanattukara Infra Private Limited (KRIPL), KNR Guruvayur Infra Private Limited (KGIPL) and KNR Ramagiri Infra Private Limited (KRAIPL)) by Indus Infra Trust (Acquirer Trust/Indus) acting through its investment manager, i.e., GR Highways Investment Manager Private Limited (GRHIMPL/Investment Manager)  from KNR Constructions Limited (KNR/ Seller). The Acquirer Trust is an irrevocable trust settled under the Indian Trusts Act, 1882, and is registered as an infrastructure investment trust (InvIT) with the Securities Exchange Board of India (SEBI). It is governed by the SEBI (Infrastructure Investment Trusts) Regulations, 2014, as amended and supplemented from time to time by SEBI, including all guidelines, circulars, notifications and directions issued by SEBI under these regulations from time to time (InvIT Regulations). KNR SPVs have been incorporated as special purpose vehicles by KNR. The KNR SPVs have entered into concession agreements with the National Highway Authority of India (NHAI) for developing, building, operating and maintaining infrastructure projects under Hybrid Annuity Model (HAM). KNR is a multi-domain infrastructure project development company providing engineering, procurement, construction (EPC) and operations and management (O&M) services across various sectors such as roads & highways, irrigation and urban water infrastructure management. Detailed order of the Commission will follow. ***** NB/ ONP " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; } $(document).ready(function () { //for responsive tables $("table").each(function () { if (!$(this).closest(".table-responsive").length) { $(this).wrap(" "); 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border-top: 8px solid #9a2375; border-bottom: 8px solid #9a2375; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.4); animation: moveFilm 8s linear infinite; z-index: 10; } /* film sprocket holes */ .film-roll-badge::before, .film-roll-badge::after { content: ""; position: absolute; width: 100%; height: 10px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 10px, #fff 10px, #fff 20px ); left: 0; z-index: 2; } .film-roll-badge::before { top: -4px; } .film-roll-badge::after { bottom: -4px; } .film-roll-inner { position: relative; height: 100%; display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; right: 5px; /* width: 160px; */ height: 50px; } .countdown-text { font-size: 0.85rem; } } const festivalStart = new Date("2025-11-20T00:00:00").getTime(); const festivalEnd = new Date("2025-11-28T23:59:59").getTime(); const countdownElement = document.getElementById("countdown"); const interval = setInterval(() => { const now = new Date().getTime(); // BEFORE FESTIVAL — show days + hours left if (now = festivalStart && now el.style.width = "350px"); 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pib.gov.in · PRID 2249854

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CCI approves acquisition of 100% equity shareholding of KNR SPVs by Indus Infra Trust from KNR Constructions Ltd.

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