PNCINFRANSEPNC Infratech LimitedMediumPositive
Announced Fri, 8 May · 15:02 IST

PNC Infratech Limited has informed the Exchange regarding 'Receipt of Provisional Completion Certificate (PCOD) for a HAM Project executed by Prayagraj Kaushambi Highway Package 3 Private Limited (Subsidiary of PNC Infratech Limited) '.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹223.85
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₹224.79
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AI summary

PNC Infratech's subsidiary, Prayagraj Kaushambi Highway Package 3 Private Limited, has received a Provisional Completion Certificate for a 4-lane highway project on NH-731A in Uttar Pradesh. The project, covering 25.5 km from Singraur Uphar to Baranpur Kadipur Ichauli including a Ganga Bridge, was completed with effect from 31 March 2026. The project had a scheduled completion date of 31 January 2026 but achieved PCOD within a 90-day grace period. The bid project cost is Rs. 819 crore under Hybrid Annuity Mode, with the Ministry of Road Transport & Highways as the authority.

Likely market impact

This positive development confirms successful execution of a major infrastructure project. The Rs. 819 crore project completion validates PNC Infratech's HAM project execution capabilities and will contribute to the company's revenue and order book recognition. The completion of a Ganga Bridge project enhances the company's credentials in complex highway construction.