KNR Constructions intimated receipt of ₹32.87 crore from NHAI pursuant to a settlement agreement.
The amount comprises ₹25.98 crore principal and ₹6.89 crore interest for the Hubli-Hospet NH-63 project.
Settlement was executed between NHAI and the BSCPL-KNR JV through a conciliation committee of independent experts.
Disclosure is made under SEBI Listing Regulations as a material event with confirmed financial impact.