PNC Infratech Limited — Important, 29-10-2024: Updates

PNC Infratech Limited has been declared as the lowest bidder for the construction of a 3-lane bridge over the River Ganga, connecting Buxar and Bharauli on NH-922, at a bid price of Rs. 380.0 crore. However, the National Highways Authority of India has annulled the bidding process without assigning any reasons, discharging the bid security submitted. The trading window for company securities remains closed until 48 hours after the financial results for the quarter ending September 30, 2024.