PNC Infratech (PNCINFRA) — Related Party Transaction

PNC Infratech announced incorporation of Barabanki Mustafabad Highway Private Limited, a wholly owned subsidiary, as a Special Purpose Vehicle to execute a 43.03 km highway project on NH-927 in Uttar Pradesh awarded by NHAI. The subsidiary was incorporated on June 17, 2026 with authorized capital of ₹15 lakh and subscribed paid-up capital of ₹10 lakh. The project involves construction under HAM mode and requires no regulatory approvals. The company and its wholly owned subsidiary PNC Infra Holdings Limited will subscribe to 100% of the equity shares at a face value of ₹10 per share, aggregating to ₹10 lakh. Corporate office is in Agra and registered office in Delhi.

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About PNC Infratech Limited (PNCINFRA)

Construction · Construction · Listed on NSE

Market Cap: ₹5,583.32 Cr P/E: 4.9

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