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PNC Infratech Ltd · 539150
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PNC Infratech Ltd has announced the publication of an arbitration award in its favor for an amount of Rs. 244.09 Crores in connection with an EPC project executed by the company for Public Works Department, Government of Uttar Pradesh.
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Full Announcement
PNC Infratech Ltd - 539150 - Publication Of An 'Arbitration Award' In Favour Of PNC Infratech Limited For An Amount Of Rs. 244.09 Crores In Connection With An EPC Project Executed By The Company For Public Works Department, Government Of Uttar Pradesh (UP PWD)
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PNC lnfratech Limited
IPNC
| , eF
An ISO 9001 . 2015 Certified Company
Ref No: PNClSEl3g 126-27 Date:1.8.2025
To, To,
The Manager The Manager
Department of Corporate Services Listing Department
BSE Limited National Stock Exchange of lndia Limited
Floor 25, P.J. Towers, Exchange Plaza, Bandra Kurla Complex, Bandra
Dalal Street, Mumbai - 400 001 (E), Mumbai - 400 051
Scrip code:539150 NSE Symbol: PNCINFRA
Sub: lntimation regarding the publication of an 'arbitration award' in favour of PNC tnfratech Limited
for an amount of Rs. 244.09 Crores in connection with an EPC project executed by the Company for
Public Works Department, Government of Uttar Pradesh (UP PWD)
Pursuant to Regulation 30 read with SEBI .Circular No. SEBI/ Ha/49/1,4114(7)2025-CFD-
POD2lll3762l2O26 dated January 30, 2026, and any other applicable provisions of the SEBI Listing
Obligations and Disclosure Requirements) Regulations, 2Ol5 ("Listing Regulations"), PNC Infratech
Limited (Company or PNC) is pleased to inform you regarding publication of an arbitration award in
favour of the Company for an amount of Rs. 244,09,35,2621- (Rupees Twe Hundred Forty-Four Crore
Nine Lakh Thirty-Five Thousand Two Hundred Sixty-Two Only) by the Arbitral Tribunal on July 31.,2026,
late evening during a hearing held in New Delhi in connection with an EPC project executed by the
Company for UPPWD in the past. Additional details of the arbitration award, as per aforementioned
SEBI circular are mentioned below:
SN; Particulars Ditails & Remai
a. Name of the Party, who raised the PNC lnfratech Limited - Claimant
Claims
b Name of the Party against whom Public Works Department, Government of Uttar
Claims raised Pradesh (UP PWD)- Respondent
c. Name of the Court/Tribunal/ Agency 'Arbitral Tribunal' comprising Justice Mr. G. S.
where Disputes/CIaims filed Siirghvi (Former Judge, Supreme Court of lndia),
Presiding Arbitrator; Justice Dr. B. S. Chauhan
(Former Judge, Supreme Court of lndia), Co-
Arbitrator and Justice Mr. S. Ravindra Bhat,
(Former Judge, Supreme Court of lndia), Co-
Arbitrator
d. Brief details of Disputes/Claims The Company executed an EPC Project namely
"Rehabilitation and upgradation of Sonauli to
Gorakhpur Section (Km. 0+000 to Km. 80+000)
of NH 29E in Uttar Pradesh to two lane with
paved shoulder on EPC mode under NHDP
Phase - lV" for Public Works Department,
Government of Uttar Pradesh, Authority for the
Project. Certain disputes arose between the
Parties during the execution and accordingly,
upon invocation of arbitration provision of the
Contract Agreement, the aforementioned
Arbitral Tribunal (Tribunal) constituted for
adjudication of the disputes. Upon adjudication,
the Tribunal published the award on 3L.7.2026
FfI Corporate Office : PNC Tower, Tel. : 91-562-4054400 (30 Lines) Fax : 91-562-4070011 Email : ho@pncinfratech.com
![n! vzz'-o, civit Lines, Bypass Road. 91-562-4070000 (30 Lines)
NH-2, Agra-282002
Regd. Office : NBCC Plaza, Tower ll, Tel. : 91-'l'l-29574800 ('10 Lines) Fax: +91-11-29563844 Email : delhioffice@pncinfratech.com
4th Floor, Pushp Vihar, Sector-V, Saket 91-11-29566511, 64724122 Web. : www.pncinfratech.com
New Delhi-110017 (lndia) CIN :145201D11-999PlC195937
PNC PNC Infratech Limited
An ISO 9001 : 2015 Certified Company
SN; PSfticulars D--6tails & Remarks
and a copy of the same has been provided to
the Company.
e. outcome of the Arbitration 'fhrough its majority award, the Tribunal,
awarded an amount of Rs. 244,09,35,2621-
(Rupees Two Hundred Forty-Four Crore Nine
Lakh Thirty-Five Thousand Two Hundred Sixty-
Two Only) to the Company/Claimant to be paid
by the Respondent within 6 months from the
date of award. ln case the awarded amount is
not paid within 6 months, future interest @ 9%
per annum shall be paid along with the
awarded amount to the Company/Claimant by
the Respondent
f. Expected Financial lmplications, if any Successful realization of the above arbitration
award in the future will have a positive impact
on the Company's financials.
g. Quantum of claims, if any As mentioned above
We hereby request you to take the above information in your record.
Thanking you,
Yours faithfully,
For PNC lnfratech limited
Tapan Jain
Company Secretary & Compliance Officer
lCSl M. No.: A22603
Ef:I Corporate Office : PNC Tower, Tel. : 91-562-4054400 (30 Lines) Fax : 91-562-4070011 Email : ho@pncinfratech.com
if,i! yzz-0, civit Lines, Bypass Road, 91-562-4070000 (30 Lines)
NH-2. Agra-282002
Regd. Office : NBCC Plaza, Tower ll, rel. : 91 -11 -29574800 ( 1 0 Lihes) Fax: +91-11-29563844 Email : delhioffice@pncinfratech.com
4th Floor, Pushp Vihar, Sector-V, Saket 91-11-29566511, 64724122 Web. : vwvw.pncinfratech.com
New Delhi-'11001 7 (lndia) CIN :145201D11999P1C195937