18-Jun-2026 19:10:21
PNC INFRATECH LIMITED : INCORPORATES SUBSIDIARY FOR HIGHWAY PROJECT
• Subsidiary 'Mustafabad Biswariya Highway Private Limited' incorporated on June 16, 2026, as a Special Purpose Vehicle (SPV). • CIN: U42101DL2026PTC467500. • Authorized capital: ₹15,00,000/-, subscribed and paid-up capital: ₹10,00,000/- • The SPV is for the 'Construction of 4 Lane highway from Mustafabad Design Chainage Km 43+030 to Biswariya Design Chainage Km 101+515 on the section of NH-927 in Uttar Pradesh on HAM Mode under NH(O) Scheme (Package-II)'. • Industry: Infrastructure. • Acquisition falls within related party transaction(s): No. • Consideration: Cash Consideration. • Cost of acquisition: ₹10,00,000/- (Face value of ₹10 per share). • Shareholding acquired: 100%. • The SPV is yet to commence business operations.
PNC Infratech Ltd
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