NSEDisclosure under SEBI Takeover Regulations▲ PositivePledge22 Jun 2026
PNC Infratech Limited
Disclosure under SEBI Takeover Regulations
PNC Infratech Limited's promoter and promoter group, led by Chakresh Kumar Jain, disclosed under SEBI Takeover Regulations 31(4) that they have not encumbered (pledged) any of their shares. This declaration confirms that the promoters did not create any direct or indirect pledges on their aggregate holding of 143,841,000 equity shares (56.07%) during the financial year ended March 31, 2026. Such a disclosure typically reassures investors about the financial stability of the promoter group and the company.
NSEGeneral Updates▲ PositiveExpansion22 Jun 2026
PNC Infratech Limited
General Updates
PNC Infratech Limited has incorporated 'Barabanki Mustafabad Highway Private Limited' as a Wholly Owned Subsidiary (WOS) and Special Purpose Vehicle (SPV) on June 17, 2026, with an initial paid-up capital of Rs. 10 lakhs. This SPV is established to implement the previously awarded 4-lane highway project from Barabanki to Mustafabad (NH-927) in Uttar Pradesh under the Hybrid Annuity Model (HAM). This marks a key step in executing a significant infrastructure project for the company.