Kings Infra Ventures shines on signing MoU with Government of Andhra Pradesh
Kings Infra Ventures is currently trading at Rs. 164.45, up by 8.25 points or 5.28% from its previous closing of Rs. 156.20 on the BSE.
The scrip opened at Rs. 161.00 and has touched a high and low of Rs. 167.00 and Rs. 159.30 respectively. So far 66751 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 178.00 on 10-Sep-2025 and a 52 week low of Rs. 106.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 167.00 and Rs. 150.00 respectively. The current market cap of the company is Rs. 403.11 crore.
The promoters holding in the company stood at 68.78%, while non-institutions held 31.22% stake in the company.
Kings Infra Ventures has signed a Memorandum of Understanding (MoU) with Government of Andhra Pradesh to develop the Rs 2,500 crore, 500-acre Kings Maritime Aquaculture Technology Park near Srikakulam, close to Visakhapatnam. The project positions Andhra Pradesh as a global hub for smart, technology driven and sustainable aquaculture. As part of the agreement, the Government has nominated the District Collector of Srikakulam to identify suitable land parcels and expedite all statutory approvals, enabling immediate commencement of Phase I operations once the land is finalized.
The Technology Park will be developed through a Rs 500 crore direct investment by the company, participating investors and institutions for core infrastructure, processing, and R&D facilities, with an additional Rs 2,000 crore expected to flow indirectly through ancillary industries, tank-based systems, MSME participation, and renewable energy clusters. Designed as a first-of-its-kind aquaculture innovation hub, it will house hatcheries, indoor farming systems, multi-species culture units, processing lines, a marine bio-actives division, and an AI-driven digital operations centre.
Kings Infra Ventures is pioneer in India's seafood and aquaculture industry was originally registered as ‘Victory Aqua Farm’.
