KNR Constructions Income Tax Penalty Deletion Order

KNR Constructions Limited has submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (LODR) Regulations, 2015.

The company received an order from the Office of Commissioner of Income Tax – Appeals - Hyderabad-12. The order was received on 17 September 2026 at 5:12 PM.

The order pertains to Assessment Year 2007-08 and resulted in the deletion of a penalty amounting to ₹18,22,08,922 (Eighteen Crore Twenty-Two Lakh Eight Thousand Nine Hundred Twenty-Two Rupees). The appeals filed by the company were fully allowed by the authority.

The company explicitly states that the order has "Nil" impact on the financial, operational and other activities of the listed entity, and that this impact is quantifiable in monetary terms to the extent possible.

The disclosure was signed by Haritha Varanasi, Company Secretary, on 18 September 2026 at 2:23:06 PM IST.