PNC Infratech Limited has submitted a regulatory disclosure to BSE and NSE pursuant to SEBI Listing Regulations, specifically Regulation 30 and sub-para 19/20 of Para A of Part A of Schedule III, read with SEBI Circular No. SEBI/HO/CFD/POD2/3762/2026 dated January 30, 2026. This is a continuation of an earlier intimation dated August 6, 2026.

The company received a letter from the National Highways Authority of India (NHAI) on September 11, 2026. The letter communicated the extension of the debarment of Awadh Expressway Private Limited (the Concessionaire) to PNC Infratech Limited for a period of three years, citing the company's role as the Promoter of the Concessionaire.

Key Details of the NHAI Action:

  • Authority: National Highways Authority of India (NHAI)
  • Nature of Action: Extension of the Concessionaire's debarment to the Company (PNC Infratech Limited) as its Promoter.
  • Date of Receipt: The company received the communication from NHAI on September 11, 2026.
  • Alleged Violation: The disclosure notes the action as an "Extension of Concessionaire's debarment to the Company."

Financial and Operational Impact:

As per the disclosed remarks:

  • The company will be unable to participate in any bids from the Ministry of Road Transport and Highways (MoRTH), NHAI, and their executing agencies for a period of three years.
  • This debarment is explicitly stated not to impact the company's status as a going concern.
  • It will not affect the execution, operation, and maintenance of the company's ongoing projects.
  • The financial implications of this action have not been quantified in this disclosure. The company states it will disclose any financial implications in due course as clarity emerges.

Company's Response:

The company, along with the Concessionaire, is evaluating legal remedies in response to the NHAI order.

Additional Corporate Action:

Pursuant to the company's Code of Conduct for Prohibition of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities has been closed for its designated employees, immediate relatives, specified persons, and connected persons. The window will remain closed until the expiry of 48 hours after this information becomes generally available.

The disclosure was signed by Tapan Jain, Company Secretary & Compliance Officer (ICSI Membership No.: A22603).