PNCINFRANSEPNC Infratech LimitedHighPositive
Announced Tue, 19 May · 16:19 IST

PNC Infratech Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Rs. 0.60 per equity share.

Corporate Actions View source PDF

PNCINFRA · price

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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹213.80
prior close
₹218.08
base price
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AI summary

PNC Infratech's Board meeting on May 19, 2026 recommended a final dividend of Rs. 0.60 per equity share (30% on face value of Rs. 2 each) for FY2025-26, subject to shareholder approval at the ensuing AGM. The company also reported audited standalone and consolidated financial results for Q4 and year ended March 31, 2026, with the auditor issuing an unmodified opinion. Additionally, the Board appointed new internal and cost auditors for FY2026-27, approved the annual report, and appointed Mr. Chakresh Kumar Jain (Managing Director) as the new CFO. During the year, the company along with its subsidiary completed the sale of its entire equity stake in all Road Assets to Varaha Infrastructure Trust (sponsored by KKR & Co. Inc.).

Likely market impact

The dividend recommendation is positive for shareholders, indicating consistent cash generation. The sale of road assets to an infrastructure trust reflects the company's asset-light strategy and may provide clarity on future revenue mix from EPC operations.