
PNC Infratech Ltd.
254.55+3.5 (+1.39%)
5 Aug, 12:00 AM
Stock News
PNC Infratech Ltd. latest news covering earnings updates, regulatory announcements, analyst actions and market-moving events.
Business Standard
NHAI suspends toll collection on newly-opened Kanpur-Lucknow Expressway
NHAI issued notice proposing to declare PNC Infratech Ltd, concessionaire of Kanpur-Lucknow Expressway, a non-performer due to lapses, barring it from future bids; show-cause for 2% performance security penalty, up to 3-year debarment for staff, performance rating downgrade, and ₹3 crore rectification cost recovery after toll suspension.
5th Aug '26 12:24 pm
Read full article on business-standard.com
Moneycontrol
Rs 4,200-crore Lucknow-Kanpur Expressway develops cracks weeks after opening; traffic diverted on 7-8 km stretch
PNC Infratech Limited constructed the Rs 4,200-crore, 63-km Lucknow-Kanpur Expressway, inaugurated July 13, which developed cracks, erosion, surface slippage at multiple points weeks later due to poor sand compaction from monsoon rains. Traffic diverted on 7-8 km stretch; repairs and maintenance to continue for three months. NHAI barred company's project manager and two engineers from future projects for two years; company instructed to inspect full stretch. Probe into damage ongoing.
5th Aug '26 4:13 am
Read full article on moneycontrol.com